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Emerging Europe Weekly: CEE gets off (relatively) lightly, tougher talk on Russia

The EU-US tariff deal this week confirms that Central and Eastern Europe (CEE) will be subject to the milder end of Trump’s tariff policy, and the reduced tariff rates for motor vehicles are a notable win for the region’s manufacturing sectors. In contrast, Russia is one economy that has moved firmly into Trump’s crosshairs – the threat of secondary tariffs on countries buying Russian oil in just 10 days has the potential to push the economy into a deep contraction.

We will be discussing EM financial risk in a 20-minute Drop-In on Wednesday 6th August (15.00 BST/ 10.00 ET). Register here.

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