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Live Updates  >  Live Update Details

2025-07-29 17:14:45

[Alert: $2.2 Billion! Trump's Tariffs Impact Poland's Economy, Does the Shadow of a Trade War Remain?] ⑴ On July 29th, Beijing Time, Polish Prime Minister Donald Tusk issued a social media post warning that the US's imposition of tariffs on EU goods could result in potential losses of up to 8 billion złoty (approximately $2.2 billion). ⑵ Tusk emphasized that this tariff policy would "bear the brunt" of the impact on both sides of the Atlantic, negatively impacting both the EU and the US. ⑶ While the hard-fought trade agreement between Europe and the US has somewhat averted a pointless tariff war, Tusk explicitly stated that this is "definitely not something to celebrate." ⑷ This statement reveals that even after the agreement is reached, the aftereffects of Trump's tariffs will linger and could inflict substantial damage on the economies of some EU member states. ⑸ The Polish Prime Minister's concerns highlight the complexity and long-term nature of global trade frictions. Even when things appear calm, the potential economic costs are still being felt. ⑹ The market should be wary that such regional losses could accumulate, triggering a chain reaction on global trade confidence and, in turn, affecting investment sentiment.

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