Poland will lose on American duties: Polish domestic product (GDP) of Poland may decrease even 0.12-0.15 percent. Due to the application by Donald Trump 25 % duties on global import cars and car parts to the United States. The Polish Economic Institute predicts that “American duties will negatively affect Polandincl. through European and North American supply chains. ”
Large losses: – taking into account duties introduced on steel and aluminum and an additional 20 % duty for goods from China, new The 25 % automotive duty will cause a decrease in Polish GDP by 0.12 percent. In turn, in the case of additional retaliation duties imposed on motoring from the United States throughout the world, the Polish GDP will reach 0.15 percent. – cites the calculations of Aleksander Sojka, a senior analyst of the Pie World Economy Team. – in both scenarios Automotive, transport and mining and mining are the most vulnerable. The Polish Economic Institute provides in these areas a significant decrease in exports, exceeding 1.5 percent. – he adds.
Economists from Pie also give several important numbers: Exactly 4.9 percent Polish exports to USA It was automotive exports in 2024. What's more, “the Polish added value reaching the automotive sector accounted for 5 percent of the entire Polish added value finally reaching the US and 4 % of the entire Polish value exported from the automotive sector” – they calculate. What conclusion of these numbers? Well, according to Pie, this “means relatively slight indirect effects of US duties in the automotive sector from the perspective of the entire Polish economy. ”
Europe will answer? The German Minister of Economy Robert Habeck is expecting a sharp EU response to American duties. For this country it is particularly important, because the USA is the main recipient of German car exports – every eighth car sold abroad flows behind the Atlantic. From an American point of view, last year's half a million German cars are more than half of the imports from the European Union. Slovakia is also dependent on the export of cars to the USA than other EU countries. Only last year the value of cars that went to the American market from this country amounted to almost six and a half billion dollars. Duties can lead to liquidation of factories and reduction of 20,000 jobs in the perspective of three years.
The USA does not stop: Donald Trump called “the beginning of America's liberation” to introduce prohibitive duties on cars and automotive parts. – States that run business in our country take our workplaces, our wealth. They took us so much over the years. Friends were often worse than our enemies – he argued, accusing their commercial partners that they were using the USA. Dutch to cars is to enter on April 2, and for parts at the latest until May 3.
Read also: Donald Trump was furious. It puts an ultimatum and threatens Europe: “on a large scale”.
Sources: IAR, Polish Economic Institute