Shafaq News/ On Wednesday, concerns over a potential economic fallout in Europe following Donald Trump's victory in the US presidential election surfaced, especially given his plans to impose new tariffs.Trump has suggested tariffs of 10% to 20% on imported goods, a proposal that has raised alarms across the European Union, with officials warning of a potentially "catastrophic crisis" for Europe.French newspaper Le Figaro noted that "new import tariffs could intensify trade tensions, with a 10% to 20% increase being substantial compared to the current average 3.3% rate on foreign imports. This tariff hike would impact European exports severely, heightening fears across EU member states."Form
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