European business leaders and experts are sounding the alarm over U.S. tariff policies, calling them a major threat to the global economy. With tensions rising, companies like Germany's Evonik warn that unpredictable trade moves could push the world closer to a recession. 🚨
'Customers Are Holding Back'
Christian Kullmann, CEO of chemical giant Evonik, didn't mince words in a recent interview: 'The U.S. government's trade policies are disastrous.' He explained that uncertainty around tariffs is causing businesses worldwide to delay orders and investments—like hitting pause on a shaky Zoom call. 📉
Europe's 'Business First' Response
Kullmann urged EU leaders to counter America's protectionist stance with a stronger focus on competitiveness. 'Europe needs to build economic muscle, not walls,' he said, comparing the strategy to leveling up in a high-stakes game of Civilization. 🎮
While the EU and U.S. continue tariff talks, experts fear long-term instability. 'Even if a deal happens today, who knows what tomorrow brings?' Kullmann added, highlighting the whiplash effect of shifting policies.
Global Ripples
The backlash underscores growing frustration with trade wars—a trend that could hit everything from tech supply chains to your morning coffee prices. ☕ As one analyst put it: 'When elephants fight, the grass suffers.'
