Dutch Bank: Trump's victory will lead to a significant decline in Eurozone exports, posing challenges to economic growth

2024-11-06 21:11:03

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ChainCatcher news, ABN Amro analysts stated in a report that Trump's victory in the election could pose challenges to economic growth in the Eurozone. Tariffs on imported goods may lead to a decline in Eurozone exports, affecting its growth prospects. ABN Amro stated, "A 10% universal tariff would lead to a significant decline in Eurozone exports and have a 1.5 percentage point impact on Eurozone growth over the next few years."

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