Eurozone growth better than expected at end of 2025
But numbers still show the scars of the U.S.-driven trade war.
POLITICO Europe
Trade war news in Portugal
Latest news and stories about trade war in Portugal for expats and residents.
Latest news and stories about trade war in Portugal for expats and residents.
But numbers still show the scars of the U.S.-driven trade war.
A study by the Faculty of Economics at the University of Porto warns that, in the scenario analysed, the North region will account for “more than 36% of the negative impact on production”.
Without referring directly to Donald Trump, Kristalina Georgieva, the IMF's Managing Director, told Davos that the impact of the trade war and protectionism in 2025 turned out not to be as severe as had been expected.
Donald Trump has again used tariffs as a weapon to try to force European countries to accept his bid to control Greenland, signalling additional 10% tariffs on a number of European countries. Although Portugal is not on that list, Portuguese companies face 'relevant indirect impacts', since tariffs affect ...
