Euro Appreciation Against the Dollar and Tariffs: A Double Whammy for EU Exports
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Europe in Flux

Euro Appreciation Against the Dollar and Tariffs: A Double Whammy for EU Exports

15 July 2025 / Essay

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EU businesses that export to the US face not only tariffs but also a significant euro appreciation that will weigh on their competitive position in the US market. At the country level, impact will be mitigated by cheaper imports, particularly of fuel.

EU businesses that export to the US face not only tariffs but also a significant euro appreciation that will weigh on their competitive position in the US market. At the country level, impact will be mitigated by cheaper imports, particularly of fuel.

Authors

Maria Demertzis

Maria Demertzis Maria Demertzis

Economy, Strategy and Finance Center Leader, Europ…
The Conference Board

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Alejandro Fiorito

Alejandro Fiorito Alejandro Fiorito

Economist
The Conference Board

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