Economic Outlook 2025 - Webinar - The year of the tariff
Video of ABN AMRO's Group Economics webinar on the economic outlook for 2025.
The return of president Trump to the White House is already sending shockwaves, well before his inauguration on 20 January. While we can only speculate at this point on the geopolitical ramifications of Trump’s second term, a much more concrete driver of the 2025 outlook is likely to be trade tariffs. If tariffs are levied as planned, European exports to the US are likely to be hit hard, with the eurozone’s nascent recovery hitting a brick wall later next year and moving into 2026. What will all of this mean for interest rates, and for the Dutch economy? Will a recovery in China, or a new government in Germany, help matters? In this webinar our experts tackle these and other crucial questions that are likely to shape the outlook for next year.