Lithuania to use state, EU funds to help businesses after US tariffs

After the US announced plans to increase tariffs on the European Union (EU), the country's economists suggest not rushing to draw conclusions about the consequences of the new tariffs for Lithuania.

US tariffs will have minimum effect on Lithuania, says PM Paluckas

Lithuanian Prime Minister Gintautas Paluckas has expressed that US tariffs on the European Union are unlikely to affect Lithuanian companies significantly. He emphasised that these tariffs will not apply to approximately half of the goods exported by Lithuania. “Based on the initial information available and the current structure of Lithuanian exports to the United States, we note several crucial exemptions in electronics, semiconductors, pharma…

Lithuania to use state, EU funds to help businesses after US tariffs

VILNIUS - State and EU funds will be used to finance a 20 million euro aid package to mitigate the impact of US tariffs on businesses, Economy a...

Considering the structure of Lithuania's exports to the United States, the impact of tariffs imposed by American leader Donald Trump on Lithuania "may be minimal," says Prime Minister Gintautas Paluckas.