The 90-day pause on US “reciprocal tariffs” has reduced the scale of near-term downside risks to economic growth across Central and Eastern Europe. Meanwhile, Russia has managed to avoid being hit directly by US tariffs altogether. That said, with oil prices a lot lower than where they were before liberation day, pressures on Russia’s war economy are building.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services