Hello, global citizens! Recent insights from European business experts have sparked lively debates as unpredictable U.S. tariff policies send ripples through global trade.
Christian Kullmann, CEO of German chemicals maker Evonik, warned that persistent tariff threats are forcing customers worldwide to hold back on orders and investments. He emphasized that even if a tariff deal is reached between the EU and the U.S., the long-term uncertainty due to erratic policies will continue to hamper growth. ❗
In his call for change, Kullmann urged European leaders to shift from an "America First" mindset to a "Business First" approach. For young professionals and tech enthusiasts in bustling cities like Bangalore, Jakarta, and Ho Chi Minh City, stable international trade means more opportunities and innovation in their daily lives. 🚀
With global competition intensifying, the call for decisive action reminds us that rethinking trade policies could fuel dynamic growth and a more resilient economic future. Stay tuned for further updates on this unfolding story!
Reference(s):
EU companies, experts urge action as U.S. tariffs strain economy
cgtn.com