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22 Aug
16:22

Czech car production seen withstanding potential US tariffs

Potential US tariffs on EU cars would not cause a significant slowdown in Czech Republic economic growth, and the Czech economy would not go into recession should the situation escalate into a trade war. So says Erste Group in a report sent to Kallanish. Sales to the US represent only a small fraction of Czech automotive exports. Moreover, the Czech automotive industry imports a significant share – 57.3% - of input material for automotive production compar…
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