The European Bank for Reconstruction and Development (EBRD) stated on Thursday that the economic impact of the trade war launched by US President Donald Trump in 2025 was 'much less' than expected. This conclusion was reached after an analysis of the consequences of the protectionist measures implemented during that period. Despite initial concerns, the global economy showed resilience. Experts from the bank note that countries quickly adapted to the new conditions, finding alternative markets and suppliers. Consequently, the negative effects on global growth were less pronounced than forecasted.
