I’m Malcolm Scott, the international economics editor based in Sydney. Today, we examine Shawn Donnan’s analysis of the economic slowdown caused by Trump’s tariff policies. Please send your thoughts and tips to ecodaily@bloomberg.net. If you haven’t subscribed to this newsletter yet, you can sign up here.
The United States and the European Union recently reached an agreement that imposes a 15% tariff on the majority of EU exports, including automobiles — a rate that European Commission President Ursula von der Leyen described as the “best possible outcome.”