Trade war may cut Czech GDP growth by 0.6-0.7 pct point this year, minister says
ReutersApr 3, 2025 2:39 PM
PRAGUE, April 3 (Reuters) - A trade war started by the imposition of U.S. tariffs on imports may cut Czech economic growth by 0.6-0.7 percentage point this year, Czech Finance Minister Zdenek Stanjura said on Thursday.
"The trade war which (U.S. President) Donald Trump initiates by his steps is a game with a negative sum," Stanjura said on social network X. "According to Finance Ministry experts' estimates today, Czech gross domestic product growth may slow down by 0.6-0.7 percentage point this year because of that."
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