US EditionThe 'Trump Effect' in Spanish Companies: 13% of the Global Tariffs that They Bear Are Skyrocketing
3 Articles
3 Articles
The tariffs approved by Donald Trump on imports of European products could subtract up to two-tenths from the growth of the Spanish economy this year and up to four next year. The 'coup' will be less severe than that received by the European Union as a whole, where partners such as Germany or Italy depend much more on trade with the United States, although it could rise if the situation is prolonged or aggravated.In any case, the wave of global …
A report by the Institute of Economic Studies calls for strengthening competitiveness, reviving agreements such as Mercosur and moving towards a more integrated European single market in the face of the new protectionist wave 82% of CEOs hope to get back
The coup will be more moderate in Spain than in the EU as a whole, which may lose three tenths this year, due to the lower exposure of exports. More information: Spanish companies already lose 20 million a day in exports due to the global trade war.
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