His strong concern about the consequences he has in international trade, and in particular in the Greek business environment, the decision of the President of the United States, Donald Trumpto impose new ones duties In European products, the Piraeus Chamber of Commerce expressed in European products.
According to a statement, this Trump policy, aimed at reducing the US trade deficit, has a direct and indirect impact on the European economy and Greek businesses. New tariffs, imposed on key sectors, such as industry, agri -food and consumer goods, are expected to negatively affect Greek exports to the US market.
In particular, Greek trade is in danger of facing a decrease in its export activity. Greek products are becoming more expensive and less competitive in the US, mainly affecting wine, olive oil, dairy and other agricultural products, which also affects the Greek trade balance.
But, as added to the announcement, this seems to be the first step. The concern is further exacerbated, as there will probably be countermeasures from the affected countries, thereby causing an escalation in the trade war that has already begun.
Thus, growth is at stake, while inflationary pressures are created in European economies. In particular, however, our country, which has faced long -term crises, will be called upon to face possible investment reductions, tourist consumer expenditure, income and employment.
The Piraeus Shopping Association points out the need to develop from the Ministry of Development, in collaboration with the statutory market bodies, new commercial strategies for the differentiation of Greek exports. At the same time, the Treasury must accelerate the reduction of tax rates in order to support businesses and absorb inflationary pressure on the Greek market.
Finally, the Association emphasizes the need for support and the real economy in this new reality that is being shaped.
Source: RES-EIA