Keywords: Carlos Cuerpo
US President Donald Trump has sharply criticized Spain for refusing to meet Nato's 5% defence spending target, threatening to double tariffs on the country in retaliation. The remarks were made following the Nato summit in the Netherlands, where Trump promised to make Spain pay “twice as much”......
Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......
During a meeting with Spain's Economy Minister Carlos Cuerpo, U.S. Treasury Secretary Scott Bessent emphasized the need for Spain to boost its defense spending within the context of NATO. Bessent highlighted the importance of higher defense expenditure from Spain and other NATO members. Additionally,......
In the wake of the tariff crisis initiated by Donald Trump, the Spanish government, led by Pedro Sánchez, has been strengthening its bilateral relations with key global powers. Over the past two weeks, Spain has engaged with China and the United States to fortify these ties. Last week, Sánchez......
In the wake of the US imposing tariffs on the European Union, Spain's Minister of Economy, Commerce, and Business, Carlos Cuerpo, is heading to Washington for crucial meetings. Cuerpo will discuss the potential impacts of the 20% tariff threat with US Treasury Secretary Scott Bessent and other key......
Within a week, both the Government and the opposition shifted from aligning on how to respond to the trade war sparked by Donald Trump to showcasing clear differences. While both sides broadly agree on the issue, as usual in their political relationship, the manner of negotiations has taken center stage.......
The Spanish government has assessed the impact of the new 20% tariff imposed by the United States on all imports from the European Union. According to the Ministry of Economy, Trade, and Industry, the new trade tariffs will affect 80% of the Spanish products sold in the U.S. In monetary terms, this translates......
On Thursday, the Spanish government will convene affected sectors at the Moncloa Palace to discuss strategies for responding to the global tariffs announced by U.S. President Donald Trump on Wednesday. Pedro Sánchez, the Spanish Prime Minister, has called a meeting with sectors that could be impacted......
Spain has substantially increased its arms exports to Morocco, with figures soaring by 1,264.77% in 2024 compared to the previous year. The total value of these exports is now €21 million, up from just €1.5 million in 2023, according to an analysis by the Spanish news outlet OKDiario based......
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