European business leaders and experts are raising concerns as persistent U.S. tariff threats continue to strain the global economy. Among them, Christian Kullmann, CEO of the German chemicals maker Evonik, criticized the unpredictable U.S. trade policies that are causing customers worldwide to hold back on orders and investments. 💼
With ongoing tariff negotiations between the European Union and the United States, even a potential agreement might not dispel the long-term uncertainty caused by erratic U.S. policies. Experts are urging European leaders to shift their approach; echoing Kullmann’s call that Europe’s response to "America First" should be "Business First."
In a fiercely competitive global market, many believe that strengthening economic power and boosting global competitiveness through innovation is key to overcoming these challenges. While the road ahead is uncertain, a collective proactive effort from Europe could help stabilize the market and support future growth.
This unfolding story is a reminder of how international trade policies impact business decisions and investments worldwide. Stay tuned for more updates on how European businesses and political leaders navigate this complex trade landscape!
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EU companies, experts urge action as U.S. tariffs strain economy
cgtn.com
