Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/324886 
Year of Publication: 
2025
Series/Report no.: 
SWP Comment No. 33/2025
Publisher: 
Stiftung Wissenschaft und Politik (SWP), Berlin
Abstract: 
The United States (US) and European Union (EU) are at risk of entering a full-blown trade war. Three months ago, on "Liberation Day", US President Donald Trump imposed high import tariffs on almost all countries, including the EU. He then suspended them at short notice to negotiate with over 90 of the affected trading partners. At the beginning of July, when the tariffs were due to come into force, Trump again postponed the tariffs on the EU and other countries by an additional month. In a letter to the EU, Trump threatened higher tariffs, namely 30 per cent, from 1 August. This back and forth shows that Member States must prepare for an escalation of the conflict - one that could go far beyond tariffs and even jeopardise the security of the EU.
Subjects: 
USA
EU
Germany
Donald Trump
European Commission
Federal Government
tariff policy
tariff dispute
tariff war
trade war
trade instruments
tariffs
import tariffs
"reciprocal tariffs"
ACI
Anti-Coercion Instrument
security of the EU
Nato
Greenland
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Research Report

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