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Secretary of Economy on US tariffs: "must start where Trump hurts"

Summary by Der Standard AT
US President Donald Trump's new customs cannonade is expected to cost economic output (GDP) in Austria 0.35 percentage points this year. Exports could fall by 1.4 percent. Industry and politics demanded a strong joint EU action on Thursday and were still hoping for negotiated solutions, according to a meeting in Vienna

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Secretary of Economy on US tariffs: "must start where Trump hurts"

US President Donald Trump's new customs cannonade is expected to cost economic output (GDP) in Austria 0.35 percentage points this year. Exports could fall by 1.4 percent. Industry and politics demanded a strong joint EU action on Thursday and were still hoping for negotiated solutions, according to a meeting in Vienna

·Vienna, Austria
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der Standard AT broke the news in Vienna, Austria on Thursday, April 3, 2025.
Sources are mostly out of (0)
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