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By Staff Writer
\nThe streets of Madrid buzz with activity as locals weigh in on former U.S. President Donald Trump’s threats to impose tariffs on European Union exports. His demands for increased U.S. oil and gas imports by the EU have sparked discussions among young Spaniards about the future of global trade.
\n\”It’s a mistake in a globalized world where goods and trade have a general flow,\” says Pablo Martinez, a Madrid resident. \”A protectionist approach won’t yield positive results.\”
\nThroughout his tenure, Trump threatened tariffs ranging from 10 to 20 percent on products from U.S. trading partners, including the EU. Goods like cars and machinery could face increased costs, impacting economies on both sides of the Atlantic.
\nAs discussions continue, Spanish youths hope for policies that promote collaboration and mutual growth in the global economy.
\n\nReference(s):
cgtn.com