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Trump’s Tariffs:​ A Rising Cost for ‍Dutch ⁣Businesses ⁣and Consumers

What ‌Happened:⁢ The Escalation of US Tariffs

Former​ US President Donald Trump ‌initiated a series ‌of tariffs on imported ⁤goods, ‌starting⁤ in 2018, targeting countries including China, ⁢the ⁢European⁢ Union, and others. These tariffs were often framed as a response to unfair trade practices and aimed at protecting American industries. ⁢However, ⁤they ​have had a ‌ripple effect globally, significantly‌ impacting businesses in countries like the Netherlands, ‍which rely heavily⁤ on international trade.

Recent reports from De ⁣Telegraaf and