The trade war, launched by US President Donald Trump, is burdened by many countries in Central Europe and the Balkans, which are very dependent on the German economy, which is facing difficulties, the European Bank of Reconstruction and Development (EBRD) warned today.

“Very few countries have not been influenced by recent changes in American commercial policy” and for those in which the EBRD intervenes “the main impact is perceived indirectly through the German market,” summaries, speaking to the French Agency by Beata Yavors.

Although Germany has experienced a slight recovery of growth in early 2025, after two years of recession, the first European economy is shaken by the US trade war, at a time when its industry is also facing difficulties, and its GDP is expected to remain stationary this year.

But at the same time Czech exports to Germany represent one quarter of the country’s GDP while for Northern Macedonia The corresponding rate is 20%, Yavorsik points out.

The corresponding share is also the largest in terms of Slovakia and Hungary and smaller for the Poland and Slovenia.

Slovakia is particularly affected by US customs duties, according to the EBRD, because the country exports cars. “5% of the Slovak population works” in this area, reminds Beata Yavorsik.

The impact of the trade war between Washington and Beijing is also noticeable, but the drastic reduction of customs duties announced yesterday, Monday, by the two countries after an agreement last week between the United States and the United Kingdom, “testified by the United Kingdom.

‘That makes us We hope that an agreement between the EU and the United States will be concluded“, Which” will have a positive impact on our regions, “he adds.

The EBRD, founded in 1991 to help the countries of the former Soviet coalition pass into a market economy, has since expanded its perimeter to include countries of the Middle East, Central Asia and North Africa.

The Bank, which is holding its annual meeting in London until the day after tomorrow, has now slightly revised its forecasts for the development of the regions it covers, which now provides for a 3% GDP increase this year (-0.2).

Following his swearing -in in January, the Republican president has launched a protectionism attack on all, which includes mainly additional 25% customs duties in the car.