Trump's trade restrictions can cause Dutch economy to contract, Allianz warns
1 month, 1 week ago

Trump's trade restrictions can cause Dutch economy to contract, Allianz warns

NL Times  

Allianz Trade has issued a warning that new trade restrictions proposed by U.S. President-Elect Donald Trump will negatively affect global economic growth. The United States is the Netherlands’ most important trading partner outside the European Union, and Allianz warns that the Dutch economy could shrink by 0.5 percent as a result of these tariffs. If tariffs on European imports rise to 10 percent, the shrinkage could reach 1 percent, Allianz Trade predicts. Should trade disputes with China and Europe escalate, Allianz anticipates tariffs on Chinese goods could rise to 60 percent and European imports to 10 percent.

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History of this topic

Trump tariffs to harm growth: Experts
Trending News
2 weeks, 1 day ago

Trump tariffs to harm growth: Experts

China Daily  

The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global impact of Trump's return …

Trump tariffs to harm growth: Experts
Top News
2 weeks, 1 day ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump tariffs to harm growth: Experts
Top News
2 weeks, 1 day ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro
3 weeks, 2 days ago

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro

NL Times  

The Dutch economy will continue to grow in the next two years although the pace of this will slow slightly. American import duties will slow the growth somewhat in the second half of next year. In 2025, growth will reach 1.5 percent, after which this will slow down due to the introduction of American import duties. But historically high wage …

Trump's tariffs will have limited impact on the Netherlands: CPB
3 weeks, 4 days ago

Trump's tariffs will have limited impact on the Netherlands: CPB

Dutch News  

The impact of Donald Trump’s import tariff plans when he assumes the presidency next year will largely affect the US’s own imports and exports, and have only a negligible effect on the Netherlands, economic think-tank CPB said on Thursday. The import tariffs Trump plans to implement will cut US exports by 20%, but will only reduce Dutch imports and exports …

Trump's import tariffs will have limited impact on Netherlands: CPB
3 weeks, 5 days ago

Trump's import tariffs will have limited impact on Netherlands: CPB

NL Times  

The import tariffs that the incoming American president Donald Trump wants to implement will only have limited consequences for the Netherlands. According to the bureau, the effect of the import tariffs is greater for some exports in the Netherlands because they export relatively more to the U.S. For example, the production of machines and equipment, electronic and optical products, and …

Trump win could disrupt International trade, Dutch logistics association warns
1 month, 2 weeks ago

Trump win could disrupt International trade, Dutch logistics association warns

NL Times  

Donald Trump's recent election victory could lead to major disruptions in international trade and logistics, says Bart Jan Koopman, director of the Dutch trade association Evofenedex. Trump has consistently criticized large trade deals, favoring instead a system where each nation trading with the U.S. would face individual tariffs. Evofenedex also noted that Dutch exports to the U.S., which include key …

Britain to suffer the deepest recession of all the world's largest economies in 2023
1 year, 11 months ago

Britain to suffer the deepest recession of all the world's largest economies in 2023

Daily Mail  

Experts predict business insolvencies in the UK will rise by 15 per cent in 2023 In comparison, Germany's economy will decline by 0.7 and France's by 0.4 The UK economy is mired in deepening gloom today as figures showed manufacturing slumping. Analysts at insurer Allianz Trade predicted UK plc will shrink 0.9 per cent this year as it is battered …

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