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The EU is feeling the pressure, without the US the EU economy is nothing, same goes with most of the countries around the world. Trump is reversing the [CB] trade policies. The Fed is panicking, Trump is going after the Fed and they are trying to stop him, so they ruled on his parallel system, this will fail. Trump and the patriots are putting everything place to make sure the [DS] cannot cheat the midterms. Trump is doing everything he can without congress passing laws. The pieces are coming together and it will be difficult for the [DS] to cheat. This has to be done to take back full control. The [DS] is building the narrative to counter this by pushing the idea that Russia is responsible for immigration and cyber attacks in the EU. Playbook known.

 

Economy

Eurozone’s Economic Outlook Worsens Amid U.S. Tariffs, Domestic Pressures

the Eurozone's economic outlook has indeed deteriorated, driven by a combination of external pressures from U.S. tariffs and internal domestic issues. Recent data from the European Commission shows a decline in economic sentiment, signaling broader pessimism among businesses and consumers.  

The tariffs target key EU exports, leading to reduced demand and higher costs.Key quantitative impacts from analyses include:

 Estimates vary by scenario, but a baseline tariff increase could reduce EU GDP by 0.2% to 0.8%. For instance, in a symmetric tariff war, GDP might fall by 0.8-1.2%, with Germany facing a 0.4% contraction.

  The EU's trade surplus with the U.S. is shrinking amid surging imports, exacerbated by trade diversion from China (e.g., a 12% year-on-year increase in Chinese exports to the EU as of May 2025).

  The automotive industry faces double-digit hits to earnings, with potential 53% drops in export demand for machinery and equipment under a 10% tariff hike. Pharmaceuticals and chemicals are also at risk, though some exemptions apply.

Sector

2023/2024 EU Exports to U.S. (EUR billion)

Potential Impact from Tariffs

Machinery & Equipment

157.7

High vulnerability; 53% export demand drop per 10% tariff

Automotive

Not specified (major exposure)

Double-digit EBIT declines for key firms

Pharmaceuticals

54.6

Exempt currently, but risk if targeted

Chemicals & Metals

Significant (part of broader exposure)

Asset quality deterioration in banking

Employment effects are notable, with 8,000-10,000 job losses estimated per EUR 1 billion reduction in exports, potentially raising unemployment by 0.1% in hard-hit countries like Germany and Ireland.

Source: wsj.com

Trump Canceling $679M in Federal Funding for Offshore Wind Projects

The Trump administration said on Friday it was canceling $679 million in federal funding for 12 offshore wind projects, including $427 million for a California project.

U.S. Transportation Secretary Sean Duffy announced that the department was canceling or terminating awards made under the administration of former President Joe Biden.

Source: newsmax.com

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