US Tariffs May Bring EU GDP Down by 0.2%-0.6% Until 2027 - EU Commissioner

NAMPA / Sputnik

2025-04-11

MOSCOW, April 11 (RIA Novosti) - Recent US tariffs on imports of European steel, aluminum, and vehicles, as well as 10% mutual tariffs, may lead to the European Union's GDP falling by 0.2%-0.6% in the next three years, EU Commissioner for Economy Valdis Dombrovskis said on Friday. "According to our latest model simulations on the US's tariff impact, the US GDP would be reduced by 0.8% to 1.4% until 2027. The negative impact on the EU would be......

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