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 …
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 …