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International Business Times
International Business Times
Science

Trump Tariffs Force EU To Cut 2025 Eurozone Growth Forecast

European Union Donald Trump eurozone United States Valdis Dombrovskis Economic Growth
The EU cut its forecast for 2025 eurozone growth to 0.9 percent from 1.3 percent previously (Credit: AFP)

The EU on Monday sharply cut its eurozone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs.

The European Commission said the 20-country single currency area's economy should grow 0.9 percent in 2025 -- down from a previous forecast of 1.3 percent -- due to "a weakening global trade outlook and higher trade policy uncertainty".

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