Reuters has learned about the concerns of European businessmen about the abolition of Trump's duties

European entrepreneurs have expressed concern about the possible abolition of trade duties imposed by US President Donald Trump. This was reported by the Reuters news agency on February 21.

"The decision may increase trade uncertainty and affect European businesses," the publication says.

In their opinion, the cancellation of tariffs could turn into an "economic boomerang." According to industry representatives, previously imposed tariffs forced businesses to adjust contracts and logistics, and a sudden cancellation could lead to financial losses and a slowdown in supplies.

Tariff sense: will the proceeds from Trump's tariffs be able to cover the US national debt of $2 trillion

What should the United States do with its growing obligations and what does this threaten its economy?

The day before, Trump called the decision of the Supreme Court, which declared the introduction of import duties illegal, a disgrace. At the same time, before passing the verdict, the American leader was very worried, tried to guess what the judges would decide, and stressed that the duties had enriched the budget of the United States by "billions of dollars." On the same day, the US Supreme Court ruled against the import duties imposed by Trump.

Later, the US president announced the signing of a decree on the introduction of a global 10% duty. It was clarified that this tool of the American president is not only a way to increase the economic well-being of his state, but also an important lever in shaping foreign policy.

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