08-June-2025
Economy News
 
Dutch Economy Held Back by Tariffs and Uncertainty, Central Bank Says
07-Jun-2025

Trade tariffs and the uncertainty they are causing put a brake on economic growth in the Netherlands, the Dutch central bank DNB said on Friday. Growth of the euro zone's fifth largest economy is set to remain stuck at about 1% from this year through 2027, DNB said, revising down its previous outlook of 1.5% growth for 2025 and 2026. The bank said its outlook was based on current U.S. trade tariffs of about 10% on most foreign goods, with no countermeasures imposed by the European Union.

News Source:- https://money.usnews.com/investing/news/articles/2025-06-06/dutch-economy-held-back-by-tariffs-and-uncertainty-central-bank-says