Opinion: How Trump’s trade war could sink Europe — and the S&P 500 - MarketWatch
1. Trump plans a 25% tariff on EU imports, risking a recession. 2. Germany's economy could contract by 1.5% due to tariffs in 2027. 3. Italy and France face severe debt issues similar to past crises. 4. A eurozone recession could adversely affect U.S. financial markets. 5. European policymakers must prepare for Trump's trade war repercussions.