TY - BOOK AU - Astrov,Vasily AU - Bykova,Alexandra AU - Duraković,Selena AU - Gökten,Meryem AU - Grieveson,Richard AU - Hanzl-Weiss,Doris AU - How,Marcus AU - Hunya,Gabor AU - Jovanović,Branimir AU - Korpar,Niko AU - Leitner,Sebastian AU - Mara,Isilda AU - Pindyuk,Olga AU - Richter,Sandor AU - Sošić,Marko AU - Ströhm,Bernd Christoph AU - Tverdostup,Marina AU - Ghodsi,Mahdi AU - Gutzianas,Ioannis AU - Kruk,Dzmitry AU - Reiter,Oliver AU - Grodzicki,Maciej AU - Locatelli,Benedetta AU - Penkova-Pearson,Emilia TI - Assessing the impact of Trump´s tariffs on the region T2 - wiiw Forecast Reports SN - ISBN 9783852090818 PY - 2025/// CY - Wien PB - Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) KW - CESEE Central and Eastern Europe KW - economic forecast KW - Western Balkans KW - CIS KW - Ukraine KW - Russia KW - Turkey KW - EU KW - business cycle KW - economic sentiment KW - euro area KW - convergence KW - labour markets KW - unemployment KW - Russia-Ukraine war KW - commodity prices KW - inflation KW - price controls KW - trade disruptions KW - renewable energy KW - gas KW - electricity KW - monetary policy KW - fiscal policy KW - impact on Austria KW - Albania KW - Austria KW - Belarus KW - Bosnia and Herzegovina KW - Bulgaria KW - Central and East Europe KW - CESEE KW - Croatia KW - Czechia KW - Estonia KW - Euro Area KW - European Union KW - Hungary KW - Kazakhstan KW - Kosovo KW - Latvia KW - Lithuania KW - Moldova KW - Montenegro KW - North Macedonia KW - Poland KW - Romania KW - Serbia KW - Slovakia KW - Slovenia KW - Southeast Europe KW - US N2 - The global economy is set to suffer from new US tariffs, which will remain above pre-2025 levels and drive trade disruptions, financial volatility, and a downgrade in euro area GDP this year. In CESEE, the tariffs and their spillover effects from the EU, especially Germany, will slow regional growth to 2.6% in 2025. Private consumption and investment continue to support growth, but exports will struggle amid the US-led trade war. Political instability, unresolved conflicts, and ongoing risks from the war in Ukraine—compounded by the potential for an unfavourable settlement or Ukrainian collapse—pose additional threats to CESEE’s economic outlook and regional security UR - https://wiiw.ac.at/p-7289.html ER -