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Trump will 'buckle under pressure' if Europe bands together over tariffs, German economy minister says

1. Trump imposed 20% tariffs on the EU, affecting trade. 2. German ministers criticize Trump's tariff decisions as harmful. 3. Habeck suggests Trump may change policies under pressure from Europe. 4. Scholz warns tariffs threaten the global economy. 5. Germany heavily relies on trade, increasing its vulnerability.

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FAQ

Why Bearish?

Tariffs may lead to increased costs for businesses in the S&P 500. Historical tariffs from past administrations often caused market declines due to uncertainty.

How important is it?

Tariff changes directly impact multinational companies in the S&P 500, affecting their profits and market stability.

Why Short Term?

The immediate effects of tariffs will likely manipulate market reactions. Previous tariff announcements have typically resulted in swift market volatility.

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