"Liberation Day", US President Donald Trump imposed high import tariffs on almost all countries, including the EU. He then … tariffs were due to come into force, Trump again postponed the tariffs on the EU and other countries by an additional month …. In a letter to the EU, Trump threatened higher tariffs, namely 30 per cent, from 1 August. This back and forth shows that …

of the bilateral tariffs and non-tariff barriers put in place by the previous administration. Moreover, incentives to … than a vice versa. Indeed, our model indicates that the supply-side reconfiguration to avoid US tariffs accounted for more …