Institutional Analysis: Trump’s 30% Tariff Could Push the Eurozone to the Brink of Recession
According to a report by Jinse Finance, Angel Talavera from Oxford Economics stated that imposing a 30% tariff on goods imported from the EU to the United States could push the eurozone to the brink of recession. Trump has threatened that if the two sides fail to reach a trade agreement, he will raise tariffs on EU goods from 10% to 30% starting August 1. Talavera noted that this may be a negotiation tactic by Trump, but according to the institution’s calculations, if the higher tariffs are implemented, the collective growth rate of the eurozone could drop by 0.3 percentage points over the next two years. In this scenario, the eurozone economy would stagnate in the coming quarters and approach a prolonged recession. He added, “The risk of tariffs exceeding our baseline assumption of 10% has now increased significantly.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Jefferies raises Tesla's target price to $400
Goldman Sachs (GS.US) stock plunges 22% into bear market, financial report becomes the key to a breakthrough
Goldman Sachs' market value evaporated by several billions, with its share price down more than 22% from the year's high. Despite Q3 revenue exceeding expectations, a 41% drop in M&A activity and a slowdown in IPOs have dampened market sentiment. Analysts project a 12% revenue increase in Q4, but technical indicators suggest there is further downside risk to $783. Rumors about management transitions have also drawn attention.
Delivery soared by 85% but failed to prevent the death cross; Rivian (RIVN.US) dilution risk sparks panic
Despite the R2 model driving an 85% year-on-year increase in deliveries, Rivian's stock price continues to decline due to technical death cross, high short interest, and risks of equity dilution, facing a severe market test.
