EU threatens countermeasures and Asian markets plunge after Trump tariff
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Ursula von der Leyen says tariffs a ‘major blow’ to world economy after US
President Trump targets allies on what he dubbed ‘liberation day’
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If the rich members of the zone are wary of committing their own money to support the euro, why should they expect private investors to do so? The debt burden of Greece, Italy and other euro zone countries is so huge, and the economic weaknesses of these nations so daunting, that it is simply impossible to address the problems in any reasonable period of time.
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