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The Fiscal and Economic Effects of the Revised April 9 Tariffs

Summary by Business Insider (Poland)
The head of the Bank of Spain, Jose Luis Escriva, announced on Wednesday a reduction in the country's economic growth forecast due to the imposition of tariffs by US President Donald Trump. "We will have to revise the growth forecasts downwards," Escriva said, recalling that the previous forecast assumed growth of 2.7% of GDP this year. However, he did not provide details of the new forecast.

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The Fiscal and Economic Effects of the Revised April 9 Tariffs

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Actualidad.esActualidad.es

Trump and the tariff pause: economic consequences

Analysis of the recent tariff break and its impact on international trade Read more Trump and the tariff break: Impact on the global economy in News.es.

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Business Insider (Poland)Business Insider (Poland)

Trump Tariff Consequences: EU Key Economy Revises Forecasts Down

The head of the Bank of Spain, Jose Luis Escriva, announced on Wednesday a reduction in the country's economic growth forecast due to the imposition of tariffs by US President Donald Trump. "We will have to revise the growth forecasts downwards," Escriva said, recalling that the previous forecast assumed growth of 2.7% of GDP this year. However, he did not provide details of the new forecast.

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Business Insider (Poland) broke the news in on Wednesday, April 9, 2025.
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