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 plans of GroenLinks-PvdA will halve poverty in the Netherlands, according to the Central Planning Office’s calculation of the parties’ election manifesto. Despite these billions in additional expenditure, the left-wing party’s plans will improve the government finances, partly thanks to a new millionaires’ tax that yields over 9 billion euros. Government expenditure will increase by almost 20 billion euros in …
The domestic budget leaves little room for extra expenditure, but the Cabinet still wants to come up with a package of measures to prevent the poorest people in the Netherlands from being unable to pay their bills. Caretaker Prime Minister Mark Rutte said on Friday after the regular weekly Council of Ministers meeting that he wanted to at least limit …
The government’s macro-economic think-tank CPB says the Dutch economy will shrink by 5% in 2020, assuming there are no more large-scale new physical contact restrictions needed to combat coronavirus. Prime minister Mark Rutte said last week that the cabinet is thinking ‘very carefully’ about what a third package of measures should include and finance minister Wopke Hoekstra said that a …