Orders from the US buoy Portuguese exports to the US
In a rush to beat the introduction of “reciprocal” tariffs imposed by the White House, US orders from Portugal offset an overall drop in exports in the first quarter of this year. [...]
Almost a quarter of companies admit risk of bankruptcy
Almost a quarter of Portugal’s companies admit that they may have to close over the next two years if there is a major recession. This is the conclusion of the 2025 edition of the ‘European [...]
Tariffs threaten employment in the Algarve and North of Portugal
A study from Bruegel has compared the effects of US tariffs on employment at a regional level in the European Union and suggests that the impact in the North of Portugal and the Algarve regions [...]
Portugal’s overseas promotion and investment agency AICEP admits change of tack in US
The trade war between the European Union and the United States could lead to Portugal’s overseas investment and promotion agency AICEP changing its overseas promotion plan. The agency says it is [...]
Portugal more exposed to US tariffs than other European countries says Nobel Prize economist
Nobel Prize winning economist Paul Krugman says Portugal is more exposed than larger European economies to US tariffs and that is a “cause for concern”. Nevertheless, he highlights the [...]
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Portugal’s two choices: reform the system to be more like Finland and Germany or end up like Bangladesh says Portugal’s Chega party populist leader
Portugal needs a profound political, administrative, judicial and fiscal reform if it is to join the ranks of the successful economies of Europe and not end up like Bangladesh warns populist [...]
US wine importers put all Portuguese wine orders on hold over tariff uncertainty
US wine importers have stopped taking orders of Portuguese wines because of the uncertainty of reciprocal tariffs threatened by the US government. Paulo Amorim, president of ANCEVE, the national [...]
Portugal’s development bank to allocate €10Bn in Trump tariff offset measures
The President of Portugal’s Development Bank – Banco Português de Fomento – has been mandated by the country’s Minister of the Economy, Pedro Reis, to disburse €10Bn in support funds [...]
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Government outlines tariff mitigation policies
Portugal’s government held emergency meetings with business and industry associations on Tuesday to hammer out a tariff impact mitigation plan and beef up credit lines for competitiveness and [...]
Tariffs will force Portuguese companies to seek alternative markets or make layoffs
The US administration’s round of sweeping tariffs will oblige Portuguese export companies to seek other international markets and those who fail to do so may have to lay off staff. That is the [...]
