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GlobalizationEurope

Business uncertainty lingers despite tariff truce

April 14, 2025

After days of market chaos and rising trade tensions, US President Donald Trump's decision to pause EU tariffs has left European businesses in the lurch.

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After a 90-day pause of EU tariffs on US products, businesses and consumers remain anxious about potential price hikes, particularly for soy products and orange juice. Interviews with locals and business owners in Brussels reveal concerns about inflation  and the its ripple effects across industries. Experts highlight uncertainty surrounding future trade negotiations, with agriculture being especially vulnerable to potential countermeasures. The cost of livestock feed, especially soybeans, could rise, impacting meat prices and baked goods.