💸USTR threatens 50% EU agricultural tariffs under Section 232

Import duties on cars, wine, cheese, machinery, and luxury items force American families to pay crushing premiums while European companies redirect sales to other international markets. Middle-class households lose access to affordable European products while wealthy Americans continue purchasing premium imports regardless of price increases, creating consumption inequality based on economic class.

European counter-tariffs on US agricultural products, manufacturing goods, and services cost American farmers, factory workers, and business owners their jobs as overseas markets disappear. Boeing, General Electric, and agricultural exporters lose European contracts while local communities face unemployment and economic decline from reduced export revenue and industrial production.

Stock market volatility from trade war threats destroys 401(k) values, pension funds, and investment portfolios while economic instability reduces business confidence and consumer spending. American families lose retirement savings while businesses postpone expansion plans that would create jobs, creating economic stagnation that affects everyone regardless of their direct trade exposure.

Import price increases raise cost of living for all Americans while trade disruption slows economic growth and increases unemployment. Families face higher prices for necessities while losing job opportunities, creating stagflation that combines the worst aspects of inflation and recession in economic conditions that typically require years to recover from.