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Donald Trump has imposed huge EU customs duties on the EU. The effect: recession

The US administration, namely Donald Trump’s presidential decree, imposed $ 7.5 billion worth of customs duties on goods from EU countries. The measure mainly affects Spain, Germany, France, Romania and the United Kingdom. According to the US Department of Foreign Trade (USTR), these taxes came into effect on Friday, at 00:01 (4:01 GMT). EU officials […]