Ranks #3 on
Austria Trends
Started trending 1 days ago
About This Trend
Zölle (tariffs) refer to the taxes imposed on imported goods, currently a focal point in international trade discussions.
Why is it trending? The recent announcement by US President Donald Trump to impose a 30% tariff on imports from the EU and Mexico starting August 1 has sparked significant debate. EU Council President António Costa has criticized the move, arguing that tariffs act like taxes and could exacerbate inflation. The automotive and manufacturing sectors are particularly affected, with existing 25% tariffs already impacting German exports. This escalation in trade policy is drawing widespread media attention and reactions from economists and policymakers.