This Northern Trust commentary—authored by Chief Economists Tannenbaum, Boyle, and Tandon—offers timely insight into escalating U.S.-EU trade tensions, evolving immigration policy, and shifting investor sentiment around U.S. exceptionalism.
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Trade Alert: A potential 50% tariff on EU imports could disrupt $1.5T in transatlantic trade and threaten $4T in U.S.-EU investments.
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EU Countermeasures: The bloc readies €95B in retaliatory tariffs, targeting key U.S. sectors from autos to agriculture.
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Immigration Pivot: A crackdown on asylum and protected status could tighten labor markets, pressuring wage inflation.
Read the full report for in-depth economic forecasts, sectoral risks, and strategic implications.
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