The punitive tariffs and countervailing customs duties imposed by the USA lead to substantial competitive disadvantages for family businesses in Europe. A study commissioned by the Foundation for Family Businesses draws the conclusion that the trade disputes between the USA and the European Union are meanwhile spilling over to industries that have nothing to do with the original trade conflict. Family companies are affected the most by countervailing customs duties imposed by the USA. “In future, it is likely to be the case more frequently that trade disputes result in collateral damage to uninvolved industries,” the study’s authors warn. For this reason, they recommend the establishment of European compensation funds for companies from the EU.