FLASH
Shkruar nga Pamfleti
The European economy is facing a series of risks that could plunge it back into crisis. After the effects of the pandemic and the excessive increase in prices have passed, the risk now comes from the trade war with the United States of America.
US President Trump has decided to impose a 20% tax on most European goods sent to the United States, as well as a special 25% tariff on vehicles and industrial products. The European Union's immediate response to the tax is a package worth 26 billion euros on American goods, such as steel, aluminum, textiles and agricultural products.
This tariff war, currently frozen, is expected to affect the European economy, slowing down its production and trade activity.
This year, the European Union's economic growth is expected to be 1.5%, significantly higher than in recent years. But this forecast was made before Trump's trade war began, which means that the effects of bilateral tariffs must be expected when they come into effect.
A possible slowdown in the European economy would have inevitable effects on our economy.
This is due to the high level of imports from the EU, which is expected to be accompanied by an increase in product prices; the effects will be felt on remittances, as the first to be affected by a crisis are immigrants; a possible crisis will also have an impact on investors, who when there is a crisis and uncertainty, slow down in their decision-making; an impact on tourism is also not excluded, as tourists will be more careful with their movements and spending. Due to the above factors, the consequences will also be felt in the foreign exchange market, where a decrease in the amount of euros in circulation is expected.
The economic situation of the European Union with the risk of a possible recession will also be discussed at the Tirana summit. Let's follow a material and come back./ A2CNN
Lini një Përgjigje