U.S. tariff hikes to slow Lithuania's economic growth by 0.36 to 0.82 pp: economist


VILNIUS, June 10 (Xinhua) -- The combination of falling external demand and heightened uncertainty caused by the U.S. tariff hikes could shave 0.36 to 0.82 percentage points off Lithuania's economic growth this year, according to an economist from the Bank of Lithuania.

Kasparas Vasiliauskas, an economist at the central bank, said on Tuesday that the impact on Lithuania comes through both direct and indirect channels, with the latter playing a more substantial role due to the country's deep integration into global supply chains.

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