Matej Lahovnik

2 weeks ago | eurotopics.net | Matej Lahovnik |Felix Kiefer |Alexander Mühlauer |David Pontes

Slovenia's former economics minister, Matej Lahovnik, warns in Slovenske novice against getting caught in a tariff spiral: “As long as they remain a threat, no one gets hurt. But once they are implemented, there will be catastrophic fallout on all sides. .... Higher tariffs mean more expensive imports, which leads to higher inflation and lower growth. It's as if one person shoots another in the knee and that person shoots back.