Disaster or opportunity? European VC investors weigh in on Trump's tariffs
3 apr. 2025
16:15
Donald Trump’s new tariffs will hit all European companies hard – including impact startups.
But could there be some positive side effects as well?
Impact Loop surveyed a number of major European VCs to get their take on how the US tariffs will impact investor appetite, supply chains and access to top talent.
"I think we should call a spade a spade, and these higher tariffs just make things more difficult for everybody," Steffen Wagner, co-founder of the European deeptech investor Verve Ventures, tells Impact Loop.
But could there be some positive side effects as well?
Impact Loop surveyed a number of major European VCs to get their take on how the US tariffs will impact investor appetite, supply chains and access to top talent.
"I think we should call a spade a spade, and these higher tariffs just make things more difficult for everybody," Steffen Wagner, co-founder of the European deeptech investor Verve Ventures, tells Impact Loop.
Donald Trump made it very clear that all major companies in nearly every country will be affected by his new tariffs – which will include 20 percent on all European goods.
The impact on the European startup scene could be even greater, some leading VC investors tell Impact Loop.