Multiple European countries face US tariff threats: How the escalation of trade disputes impacts the global economic landscape

【BlockBeats】Recent developments in the international trade situation have emerged. The US government announced tariffs on multiple European countries—starting from February 1st this year, Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland will face a 10% tariff on goods exported to the United States. More notably, this tariff level is not final and will be increased to 25% on June 1st.

The duration of this policy is also quite interesting—the tariffs need to be paid continuously until a specific agreement is reached. Official sources stated that the implementation of these measures is related to concerns over global security and the complexities of the geopolitical situation.

Following the announcement, the EU responded swiftly. On January 18th, the EU summoned all member states’ ambassadors in Brussels for an emergency meeting to discuss responses to the new trade tariff threats and related geopolitical issues.

From a macroeconomic perspective, changes in trade policies often influence global market expectations. The crypto market, being sensitive to macroeconomic risks, typically reacts to such major policy adjustments. Investors should closely monitor the progress of policy implementation and negotiations among parties.