“There’s a reason this came at 4 PM ET, with #markets closed,” said Jorn Fleck, senior director with the Europe Center at the Atlantic Council.

He said the #tariff on the #EU, his area of expertise, is a “very high number” that will be painful for #consumers & #businesses on both sides of the Atlantic.

#RevengePolitics #economy #tariffs #inflation #recession #TrumpTariffs #Trumpcession #geopolitics #USpol