Von der leyen: “from duties terrible consequences for millions of people, inflation will go up”

John

By John

With American duties “uncertainty will spread to splashing oil and trigger further protectionism. The consequences will be terrible for millions of people all over the world. Even for the most vulnerable countries, which are now subject to some of the highest US rates. Millions of citizens will have to deal with an increase in costs. The drugs will come more, as well as transport. Inflation will go up. And this will mainly damage the most vulnerable citizens ». This was said by the president of the European Commission Ursula von der Leyen, in his reply to the duties imposed by the American president Donald Trump.