Customs duties: towards an economic disaster similar to that of 1930?

The Minister of Industry and Energy will convene on Tuesday, April 8th an exceptional National Council, in response to the new US customs duties. It aims to "exchange on the industrial, direct and indirect impacts" of Donald Trump's measure.

The US President's decision to raise tariffs on an incomprehensible scale marks the end of a trading paradigm of more than a century and an economic disaster for many countries, including his own.

Recession, price spikes, foreign retaliation... The tariffs announced on Wednesday by Donald Trump will shake the American and global economy. Some experts expect effects...

CNN Portugal commentator Diana Soller says that Donald Trump's administration is making protectionism “the new main rule” of the world order.

Donald Trump’s tariffs are reminiscent of those of his distant predecessor in the 1930s, President Herbert Hoover. He thought his own...

Economist Mahfi Eğilmez evaluated the US customs tariffs. Eğilmez pointed out that the tariffs that shook many countries and the global economy could be an opportunity for Türkiye, and emphasized that it was uncertain whether the situation would be permanent.