Goldman Economists See Limited US Tariff Hit to European Growth

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Goldman Sachs economists predict a minimal impact of the proposed 10% US tariff on European growth, estimating a 0.1% reduction in the euro area's GDP.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The latest 10% tariff threatened by President Donald Trump is likely to shave off about 0.1% from the euro area’s gross domestic product, according to Goldman Sachs Group Inc. economists.

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Original article published by Bloomberg on January 19, 2026.
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