artificial intelligence<\/a> as those in the United States, boosting their productivity.<\/p>\n“The EIB Group Investment Survey 2025\/2026 shows that EU firms adapted well to rapid technological \u200cadvancement and the demands of \u2060the green transition, as well as sharp rises in U.S. tariffs,” said the survey, based on responses from some \u206013,000 firms, collected between April and July last year.<\/p>\n
Washington and Brussels struck a framework trade agreement last July, imposing a 15% import tariff on most EU goods – \u200bhalf \u200bthe threatened rate, but countering Europe’s initial \u200bhopes to secure a zero-for-zero \u200ctariff deal.<\/p>\n
“When the United States raised tariffs, American firms expressed more concern than their EU counterparts. So far, the impact of tariffs has largely been absorbed by U.S. importers, with the effect remaining manageable for EU exporters,” it said.<\/p>\n
But differing national laws between the EU’s 27 countries have made it \u200cdifficult for 62% of European companies to \u200bexport their goods to other EU countries, \u200bshowing how incomplete the bloc’s \u200bsingle market for goods and services remains.<\/p>\n
“Removing these barriers could \u200cboost the ratio of firm investment \u200bto assets by 10%, \u200bwith even stronger gains for intangible investment,” the report said.<\/p>\n
The findings are in line with research by the International Monetary Fund, which has \u200bsaid that internal EU \u200cbarriers to trade caused by diverging regulations were equal to a \u200b44% tariff on goods and a 110% tariff on services.<\/p>\n
(Reporting by \u200bJan Strupczewski, editing by Andrei Khalip)<\/p>\n","protected":false},"excerpt":{"rendered":"LUXEMBOURG, March 3 (Reuters) – European Union companies are coping well with higher U.S. tariffs on EU goods,…\n","protected":false},"author":2,"featured_media":366661,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[79,179,170160,18,128725,25407,2219,19,17,170161,1255],"class_list":["post-366660","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-eib-group-investment-survey","tag-eire","tag-eu-countries","tag-european-investment-bank","tag-european-union","tag-ie","tag-ireland","tag-report-problems","tag-tariffs"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116168699650102671","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/366660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=366660"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/366660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/366661"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=366660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=366660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=366660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}