TRUMP TARIFFS AND THEIR IMPACT ON EUROPE

In recent months, US economic policy has once again shaken global markets. With Donald Trump's return to the political scene and his statements about new tariffs on European and Asian products, investors are once again cautiously monitoring the macroeconomic landscape. In this context of uncertainty, gold is consolidating its position as one of the safest and most sought-after assets.

 

Trump has promised to impose widespread tariffs of 10%, but he has specifically imposed 20% on Europe with the aim of protecting US industry. This measure would directly affect European exports, especially those from Germany, France, Italy, and Spain. Furthermore, a possible escalation of the trade war with China is anticipated, with the latter imposing a 34% tariff, and further increases are being threatened, which would increase volatility in global markets. All of this creates a chain reaction: lower economic growth, more geopolitical tensions, and greater fear among investors, prompting them to adjust their portfolios.

 

Europe could enter a slowdown phase if its exports to the US, one of its main trading partners, are reduced. Added to this is already high inflation, the European Central Bank's high interest rates, and political uncertainty in several EU countries. This combination of factors increases the perception of economic risk. In this environment, both institutional and individual investors are beginning to seek safe havens for their capital.

 

Gold is once again one of the best investment recommendations, reaching record high after record high. When stock markets fall and currencies devalue, gold tends to maintain its value or even increase. This is because it does not depend on political decisions or the economic health of a country or region. In this scenario, many economists predict that the price of gold could continue to rise if the global trade war intensifies or if the global economy slows further.

 

At our Calabria Oro store, located in the heart of Barcelona, ​​we have noticed an increase in both gold buying and selling. Many people are taking advantage of the current good price to sell jewellery, gold bars, or coins. Others, on the other hand, decide to invest in this metal as a way to protect their savings. We also offer gold pawn services with a buyback option, a safe and fast alternative for those who need cash without permanently parting with their valuables.