The Minister of Economy, Carlos Bodyconsider that, with the data available now, the impact of the rates imposed by USA it is “limited” and understands it It does not require “for now”, review the growth forecasts. In addition, Spain will defend the creation of a fund with the collection for the rates established by the European Union dedicated to supporting the sectors and companies most affected by the new commercial scenario,
This was explained by the minister in an interview with El Diario The country where exceptional that the measures have just been announced e There are “enormous uncertainties”, So it is “soon” to obtain an estimate of its repercussions.
“For now, with the data we have, the impact is limited and does not deserve an update of the Macro Box,” he said. Body, in the same way, defends the need to negotiate with the United StatesFrom the positions prior to the increases in rates, but, in the event of not reaching agreements, Europe considers to respond in a “strong” way.
The body believes that the commercial relationship with the United States should be safeguarded, because it is the most important in the world and A move of 4,400 million euros per day On one side of the Atlantic. “But in the event that this negotiation cannot be performed, we must protect workers, companies, industries and for this we have the right tools,” he says.
In addition, it claims that the accusations imposed by the President of the United States, Donald Trump, will have an impact on the global economy e Will make a “more fragmented, more impoverished” world, Especially in developing countries, but they will also have an effect on US consumers and companies, he warns.
The minister states that, in the case of Spain, Direct exposure is lower than that of other European partnersAlthough, given the interrelation of economies, the indirect impact may be greater. Set the example of German exports, which incorporate Spanish components, as in the case of the car. Therefore, they bet on that Europe increases the network of strategic partners And it ratifies the treaty with Mercosur as soon as possible, as well as integrating the internal market to exploit the potential of the 450 million consumers.
