International Netherlands: The impact of tariffs will lead to a slowdown in the European economy.

Jin10 reported on April 3 that Dutch international economists warned in a report that imposing a 20% tariff on all goods exported to the U.S. would be a significant blow to the European economy, lowering expectations for future rise in the Eurozone. The Dutch international stated that the consequences in Europe would largely depend on how Europe responds, but in the short term, it will definitely suppress growth. The bank indicated that the planned stimulus program brings some bright spots to the economy, but this will take time to materialize. Therefore, the Dutch international group said that the GDP growth rate for the Eurozone this year may only be 0.6%, and only 1.0% in 2026, down from previous expectations of 0.7% and 1.4%.