Inflation will go up in the USA and EU exports to America will suffer as Americans change their shopping habits. We feel that world economic growth will slow down even further as Tariffs price rises for imported goods into America bite and the USA the world’s largest economy, will have a slowing effect on the goods sold. If the EU, which is a large trading bloc goods go up by 15% that means inflation may possibly rise by at least 15% in the USA.

https://www.ft.com/content/460b7784-88d7-4324-9e4d-dc9692d15e72

https://www.bloomberg.com/news/features/2025-07-27/how-trump-s-tariffs-are-already-stunting-world-economic-growth?srnd=homepage-uk

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