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🚨 P&G Beats Expectations! Here’s the Breakdown 🚨
🌍 No Trade War, Please! 🌍
Spanish Prime Minister Pedro Sanchez speaks out at the World Economic Forum in Davos!
💬 Sanchez says:
➡️ 'A trade war isn’t in anyone’s interest, not the U.S., not the EU.'
➡️ 'We need to strengthen our transatlantic bond instead of imposing tariffs!'
🔸 President Trump, however, is doubling down, threatening:
10% tariffs on Chinese imports starting February.
Possible tariffs on Mexico, Canada, and EU goods.
💪 The EU promises to defend its economic interests, with Commissioner Valdis Dombrovskis saying, 'We’re ready to respond proportionately if necessary.'
📈 Sanchez also addressed NATO:
Spain spent 1.28% of GDP on defense in 2024, the lowest in NATO.
But Sanchez defended progress: 'We’ve increased defense spending by 70% in the last decade.'
🤝 The message is clear: Cooperation beats confrontation!
What do YOU think? Drop your thoughts below! 🗨️
#TradeWar #WorldEconomy #EUvsUS #Davos #PedroSanchez #NATO #Tariffs #GlobalTrade #EconomicNews #CNBC
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