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08 April 2025

CEPS' Alcidi: To retaliate or not to retaliate? Or three reasons why the EU shouldn’t react to US tariffs (at least for now)

Donald Trump’s ‘Liberation Day’ has delivered the highest tariff hike in nearly a century. If they’re implemented, the average US tariff rate will rise to 22.5%, around 11 percentage points higher compared to March. Trump has given the world just one week to absorb the news...

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