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Live Updates  >  Live Update Details

2025-07-28 17:55:01

[The "aftermath" of the trade agreement has not yet subsided, Romania's GDP may suffer, and the growth rate may be reduced by 0.2%] ⑴ Concordia, the largest employers' association in Romania, said that the US-EU trade agreement may reduce Romania's economic growth by 0.15% to 0.2%. ⑵ The association's macroeconomists pointed out that international institutions expect the eurozone's economic growth rate to be reduced by 0.3% to 0.4%. ⑶ The reduction in Romania's economic growth is precisely affected by the transmission effect of the eurozone's economic slowdown. ⑷ It is worth noting that Concordia had predicted in May that tariffs may lead to a 0.3% to 0.7% reduction in economic output. ⑸ Although this latest forecast has been lowered, it still highlights the possible negative impact of the US-EU trade agreement on the European economy, especially member states like Romania. ⑹ The actual impact of the agreement may exceed expectations, and the market needs to pay close attention to subsequent data.

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