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Poland to suffer millions in losses due to US tariffs

Warsaw, Jul 29 (Prensa Latina) Poland will lose more than two billion dollars due to the new US tariffs on European products, Prime Minister Donald Tusk estimated, although he considered that this is better than a trade war.

The head of the Polish government admitted that the measures, unilaterally imposed by Washington at rates of 15 percent, will affect both sides of the Atlantic, but stressed that they are less than the initial threat of 30 percent.

Tusk described the agreement reached between European Commission President Ursula von der Leyen and U.S. President Donald Trump as the lesser evil, although he warned that the losses will be significant for the Polish economy.

Analysts point out that the Polish agricultural and manufacturing sector will be the most damaged, for which reason Warsaw will seek compensation through EU funds.

As specialists point out, the measure is evidence of unresolved transatlantic trade tensions

Tusk’s stance contrasts with that of other European leaders who categorically rejected the tariffs, describing them as unjustified protectionism.

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