The European Commissioner said there was a risk of a 7% reduction in global GDP due to US duties.

Introduction The United States duties against the European Union (EU) may lead to global economic fragmentation, which in the future is fraught with a reduction in global GDP by 7%. This was stated on February 28 by European Commissioner for Economics Valdis Dombrovskis in an interview with the Spanish newspaper El Mundo.

Dombrovskis expressed regret over Washington's intention to impose duties, calling them unjustified. He noted that such measures could negatively affect economic growth in both the EU and the United States.

The International Monetary Fund estimates that if trade is concentrated within individual economic blocs, global GDP could shrink by 7% in the medium term, equivalent to the disappearance of the combined GDP of Germany and France, the European commissioner added.

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Earlier, on February 26, the President of the United States Donald Trump announced that he intends to impose customs duties in the amount of 25% against the European Union not only on cars, but also on "everything else". The press service of the European Commission clarified that the EU intends in the near future href="https://iz.ru/1845771/2025-02-27/v-evrosoiuze-namereny-nemedlenno-otvetit-na-obeshchannye-trampom-poshliny"> to respond decisively to the tariff changes promised by Trump.