Feb 25 • 06:00 UTC 🇵🇱 Poland Rzeczpospolita

Poland Catches Up With Great Britain, Lower US Tariffs and Pressure on ETS

A podcast discusses Poland's ambition to surpass Great Britain in GDP per capita and the implications of recent US tariff adjustments.

In a recent episode of the podcast "Your Business", Mikołaj Fidziński reports on Poland's ambition to exceed Great Britain's GDP per capita within the next 5 to 6 years. Finance Minister Andrzej Domański announced that according to IMF data, Poland's GDP per capita (PPP) is projected to reach approximately $47,500 by 2025. This growth has already seen Poland surpass Japan, with Spain and Israel in its sights. However, economists highlight potential risks including demographic challenges, decreasing EU funds, and the impact of artificial intelligence on the service sector, which could hinder this trajectory.

Additionally, the podcast touches on recent developments regarding US tariffs. The United States has announced a 10 percent tariff on goods not covered by exemptions, a decrease from the previously forecasted 15 percent. Despite this reduction, uncertainty remains as the administration signals the possibility of future increases. EU Trade Commissioner Maroš Šefčovič has called for the approval of a trade deal with the United States, stressing the importance of stability amid ongoing financial discussions and potential policy shifts within the American administration.

📡 Similar Coverage