The The war -torn war unleashed by the president of the United StatesDonald Trump, Forcing Spain to review its development predictions As for the national economy this year, Jose Louis Esgirway recognized the governor of the company on Wednesday. The body has increased the calculation of its GDP to 2.7% this year, within the structure of its recent macro economic predictions.
Esgirway noted that this review cannot be calculated “This will be subject to the largest components of uncertainty” He also emphasized that “there are components that do not have enough powerful analysis tools to make them octal.” He did so in an interview with the ‘La Hora de La 1’ D Artwood Project on Wednesday.
One day ago, the Minister of Economics, Trade and Commerce Carlos warned it 80% of Spanish exports to the United States Due to the increase in rates (they represent more than 14,880 million euros) came into effect this morning for the entire EU. Trump has imposed a 20% fee to the region that adds 25% used for steel and aluminum.
Government Consider the “premature” Try to establish what is the effect of the new North American business policy in GDP. Not only is that high uncertainty, but because it is unknown how long the activities are in effect, it is the main reason for its real consequences.
A offer disruption
In the same ways, the Esgirway is mentioned as “a” Extraordinary complicated from the economic and geopolitical view“The governor of Spain’s style describes the situation” closely and directly in the way he guides the company, “the world is facing the” more severe distribution disruptions “as a result of fees.
So much, this could cause a strong decline of economic activity or A fall in grown economies at “relatively high” levels, as in Spanish language (Spanish GDP advanced to 3.2% throughout the year last year). However, Eschirway rejects the recession situation now.
In their view, the activities that accept the EU and other major economies As a way of responding to Trump’s ‘fee’ “They have the effect of raising prices.” Not only does the global trade face a tax hike, but also the White House policy and its copies may question the functioning of value chains and supply chains, leading to “segments of trade and obstacles.”
