Xinhua Headlines: Diversification or decline: Europe's wake-up call amid U.S. tariff hikes, currency pressures

[The Africa news - Africa] - 23/07/2025
* A 30 percent U.S. tariff on imports from the EU is set to take effect on Aug. 1, triggering alarm across the European industries. * Last week, Italy's Association for the Development of Industry in the Mezzogiorno warned that the U.S. tariffs might lead to a 0.5-percent reduction in Italy's (…)
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