Import tariffs may reduce Netherlands’ GDP up to 1% by 2026: CPB
Import tariffs announced by the Trump administration could reduce the Netherlands' GDP by up to 1 per cent by 2026, according to CPB. The study highlights short and long-term impacts, with investment and exports hit hardest. A weaker dollar limits inflation, despite higher import prices. Retaliatory EU tariffs could deepen effects, especially under growing uncertainty.
Import tariffs announced by the Trump administration could reduce the Netherlands' GDP by up to 1 per cent by 2026, according to CPB.
The study highlights short and long-term impacts, with investment and exports hit hardest.
A weaker dollar limits inflation, despite higher import prices.
Retaliatory EU tariffs could deepen effects, especially under growing uncertainty.
