
Tariffs may have wreaked havoc across the world, but there’s a silver lining—at least now, Europe has been jolted out of its lethargy
“The decisions, the announcements by the U.S. president, have simply pushed Europe out of its pretty complacent, lethargic behavior,” said Stefan Hoops, the chief of Deutsche Bank-owned asset management arm DWS, which has over €1 trillion in assets under management.