Spain’s Economic Growth Praised Despite Tariff Pressures

Spain’s Minister of Economy, Trade, and Enterprise, Carlos Cuerpo, described Spain’s economic growth as enviable despite tariff pressures from the United States. He reaffirmed the government’s forecast of 2.6% growth for 2025, driven by strong domestic demand and private consumption. To mitigate the impact of tariff uncertainties, Spain is offering over 14 billion euros in financing support to help businesses maintain and expand their presence in the US while exploring alternative markets. The ongoing trade negotiations between the EU and the US remain tense, with the threat of increased tariffs on steel and aluminum looming.
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