Import tariffs may reduce Netherlands’ GDP up to 1% by 2026: CPB

Import tariffs announced by the Trump administration could reduce the Netherlands’ GDP by up to 1 per cent by 2026, according to CPB.
The study highlights short and long-term impacts, with investment and exports hit hardest.
A weaker dollar limits inflation, despite higher import prices.
Retaliatory EU tariffs could deepen effects, especially under growing uncertainty.