
The economic relationship between the United States and the European Union is teetering on the edge of uncertainty as a renewed trade war threatens to unravel years of cooperation. A new report from the American Chamber of Commerce (AmCham) in Europe has highlighted the growing risks facing the transatlantic economy, despite a strong performance in 2024.
With President Donald Trump's latest wave of tariffs targeting long-standing trade partners, including Canada and Mexico, retaliatory measures from the EU signal an escalating dispute that could have far-reaching consequences.