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of <h1>Trump's 20% EU Tariff Sparks Warnings of Price Increases and Economic Consequences for Vulnerable Citizens</h1> President Trump's announcement of a 20% tariff on the European Union has drawn criticism from the European Commission President, who described it as a major economic blow with dire consequences for millions. The EC President warned that prices for essential goods would increase, particularly impacting vulnerable citizens. While acknowledging deficiencies in the world trading system, the EU expressed willingness to negotiate with the US but also readiness to implement countermeasures if necessary.
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