US EditionUS Tariffs Will Have an Indirect Impact on Slovakia Through Our Trading Partners, Berlin Is Key
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In our country, the added value associated with goods is particularly at risk.
American demand generates added value in Slovakia of 3.1 percent of gross domestic product and supports 70,000 jobs, but half of this value comes from the service sector, which is likely to be less affected by the increase in tariffs by the current American administration. The slowdown in the economies of our trading partners may have a stronger impact than the loss of American demand. Experts from the Financial Policy Institute have warned abou…
·Bratislava Region, Slovakia
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