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Tuesday March 4 2025

Introduction of US duties in amount of 25% may cost European Union 1.5% of GDP

3 March 2025 20:19 (UTC+04:00)
Introduction of US duties in amount of 25% may cost European Union 1.5% of GDP

The United States’ introduction of comprehensive import duties of 25% on all goods from the European Union could cost the EU as much as 1.5% of its Gross Domestic Product (GDP), Azernews reports.

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