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133 new news items in the last 24 hours
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  2. Economy

The 15% tariffs on European exports have a limited impact on Romania, but sectors connected to the US economy will feel the indirect effects.

Sanziana Georgescu
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28 July 2025, 16:45
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Economy
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Iulian Lolea, an economist at the Concordia Employers' Confederation, says the 15% tariffs imposed by the US on EU exports are affecting Romania, but the direct impact is limited as Romanian exports to the US account for less than 3% of the total. However, sectors producing electrical components, cars and steel products will suffer, as they account for more than 60% of exports to the US. The recent agreement between the EU and the US, although more favorable than previous proposals, will make European goods less competitive on the US market, thus affecting economic growth in the euro area and, implicitly, in Romania.

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Cum va fi afectată România de taxele impuse de Trump
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Taxele vamale de 15% la exporturile europene au un impact direct limitat asupra României (Concordia)

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The EU demands new tariff reductions from the United States for European exports, while the 50% taxes on oil remain under negotiation.
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