US EditionBody Quantifies in 22.7 Billion the Impact of Trump Tariffs on Spanish Companies
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Body estimates sales directly hit by Trump's tariffs at 15.1 billion but warns of a higher indirect impact and foresees a loss of 1 tenth of GDP. Read
The estimated cost of tariffs for Aguascalientes exporting companies is estimated at $4.3 billion in the first year alone, if the United States confirms the 30% tariff for Mexican products that would enter into force next August 1, warned Dafne Viramontes, president of the Colegio de Economistas de Aguascalientes at a press conference.The President of the United States, Donald Trump, seeks to reconfigure international trade with an aggressive ta…
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elcorreoweb.es"Spain could be compromised exports worth €15.1 billion if the United States decides to apply new tariffs to European products," Economy Minister Carlos Córdoba warned Monday. The figure represents 83% of Spanish sales to the US market. And if we also consider the indirect effect—like the impact on supply chains—total exposure could amount to €22.7 billion.
The Minister of Economy, Commerce and Business, Carlos Córdoba, has pointed out that in case the threat of the Donald Trump government materializes on August 1st
The Government estimates that by 2025 the impact of the tariff conflict would be around a tenth of GDP ...
The Government estimates that by 2025 the impact of the tariff conflict would be around a tenth of GDP.
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