'Trump Effect': Spanish Exports to the Us Fell by 5.1% Until June in the Middle of a Tariff War

laverita.info

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For Trump results already in June, despite the barriers came into force in August: while European exports descend, import from America rises by 16%. And in days will come the tariffs for steel and chips. But Italy grows in other markets, such as Arabia.This week should dissolve the market...

El Pais

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While shipments of goods to the United States fell by 5.1% in the first half of the year, other destinations such as Asia and Africa are gaining weight, with increases of 7.1% and 7.4% respectively, according to the data published this Monday by the Ministry of Economy, Commerce and Enterprise. Europe, the main course of Spanish goods, and anchoring its stability, did not give great surprises, with a timid improvement of 0.5%.Continue reading

20minutos

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Donald Trump’s trade policies are not being innocuous for businesses, despite the fact that the Spanish economy is one of the least dependent on trade with the United States among the largest in the European Union. Coinciding with mass tariff announcements by the White House, Spanish companies’ exports to the country decreased by 5.1% in the first half of the year compared to the same period last year. They totaled 8,754.5 million euros. While t…

diariodenavarra.es

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The decrease of 5.1% of Spanish exports to the US due to the new tariffs imposed by Donald Trump demands a difficult search for new markets

Expansión

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Total sales abroad reached 197,150 million until June, 1% more and the second highest figure in history in the first half of the year. At a close distance to China, exports to the Asian giant grow by 13.7%. Read

elcorreoweb.es

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The trade tensions caused by the tariff war unleashed by Donald Trump are resulting in a worsening of Spain’s trade deficit vis-à-vis the US. In the first half of the year, sales of Spanish products to the United States have fallen by 5%, while purchases of U.S. goods have risen by 10%, according to foreign trade data published on Monday by the Ministry of Economy.