President-elect Donald Trump has signaled a potential shift in international trade dynamics. In December 2024, Trump stated that the European Union must increase its imports of U.S. oil and gas or face tariffs on its exports, which include goods such as cars and machinery.
Throughout his election campaign, Trump consistently threatened to impose tariffs ranging from 10 to 20 percent on all products from the U.S.'s trading partners, including the EU. This stance has raised concerns among global markets and international relations experts.
To gauge the sentiment among Spaniards, a CGTN Stringer took to the streets of Madrid, where resident Pablo Martinez shared his perspective: \"It's a mistake in a globalized world where goods and trade have a general flow.\" Martinez believes that a protectionist approach will not yield positive results for either the EU or the global economy.
Reference(s):
cgtn.com
