{"id":158613,"date":"2025-07-27T12:57:03","date_gmt":"2025-07-27T12:57:03","guid":{"rendered":"https:\/\/teknomers.com\/en\/according-to-grant-thornton-spain-is-the-most-optimistic-country-in-europe-and-the-middle-east-regarding-the-trade-war\/"},"modified":"2025-07-27T12:57:05","modified_gmt":"2025-07-27T12:57:05","slug":"according-to-grant-thornton-spain-is-the-most-optimistic-country-in-europe-and-the-middle-east-regarding-the-trade-war","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/according-to-grant-thornton-spain-is-the-most-optimistic-country-in-europe-and-the-middle-east-regarding-the-trade-war\/","title":{"rendered":"According to Grant Thornton, Spain is the most optimistic country in Europe and the Middle East regarding the trade war."},"content":{"rendered":"\n

The Optimism of Spanish Entrepreneurs Amidst Global Trade Turmoil<\/h2>\n
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Spain has emerged as the most \u00a0optimistic\u00a0 country in Europe and the Middle East regarding the ongoing \u00a0Tariff War\u00a0, according to a recent analysis by \u00a0Oxford Economics\u00a0 included in the \u00a0International Business Report\u00a0 (IBR) prepared by \u00a0Grant Thornton\u00a0. This report assesses the expectations and concerns of ‘Middle-Market’ companies both nationally and globally.<\/p>\n

The IBR indicates that \u00a0optimism\u00a0 levels in Europe and the Middle East have remained steady over the last quarter. In a striking contrast, the \u00a0Asia-Pacific\u00a0 region has experienced a significant decline in optimism, dropping six percentage points. The impact of threats from former U.S. President \u00a0Donald Trump\u00a0, who has hinted at imposing tariffs of up to 50% on several Asian countries\u2014including Cambodia, Laos, and Vietnam\u2014factors heavily into this decline.<\/p>\n

In this context of global instability, Spanish entrepreneurs are increasingly focused on \u00a0national markets\u00a0, viewing them as ripe with potential opportunities. For the second consecutive quarter, leaders within Spain\u2019s Middle-Market have expressed that their own country presents the most favorable market conditions, reflecting a trend also observed across Europe and Asia.<\/p>\n

While global uncertainty weighs heavily on the international \u00a0business landscape\u00a0, a significant 71% of medium-sized company leaders remain optimistic about short-term economic conditions. This optimism, however, is in stark contrast to the global trajectory of declining confidence, which has fallen by five percentage points since the end of 2024. The results highlight the geographical disparities impacted by ongoing tariffs.<\/p>\n

As Grant Thornton comments, the wave of \u00a0protectionist policies\u00a0 enacted by various nations is expected to have a direct impact on global trade, potentially pushing economies to the brink of \u00a0recession\u00a0. The report outlines different scenarios for the effects of the tariff war, suggesting that in the worst case, the global economy could face a significant slowdown and not recover its growth levels until 2028. Conversely, the more optimistic scenario keeps global growth near \u00a02%\u00a0, limiting the fallout from uncertainties.<\/p>\n

The projections of economic growth hinge critically on these latest tariffs. Notably, regions such as \u00a0North America\u00a0 and \u00a0Pacific Asia\u00a0 are anticipated to be disproportionately affected by the impact of the trade war, whereas regions like the \u00a0Eurozone\u00a0, \u00a0North Africa\u00a0, or the \u00a0Persian Gulf\u00a0 are likely to face a much more limited impact.<\/p>\n

The report further highlights that the ongoing tariff war is beginning to burden the U.S. economy, revealing a 0.1% contraction in Gross Domestic Product (\u00a0GDP\u00a0) in the first three months of the year compared to the previous quarter and a 0.5% decrease compared to the same quarter in 2024. This presents a concerning outlook for a nation that has long been seen as an economic powerhouse.<\/p>\n

Moreover, the International Business Report by Grant Thornton sheds light on the significant effects of the trade war on export expectations, particularly within the Asia-Pacific region. In the latest quarter, the percentage of entrepreneurs in that area planning to increase exports has dramatically dropped by nine percentage points to only 42%. In comparison, that same metric remains stable in North America at 59% and even shows a slight increase in the Eurozone, climbing to 45%.<\/p>\n

In summary, while Spain retains a \u00a0positive outlook\u00a0 amidst rising tensions from the tariff war, global leaders in the \u00a0Middle-Market\u00a0 are grappling with uncertainty and fluctuating confidence. As Spanish entrepreneurs continue to seek local opportunities, the overall health of the global economy remains precarious, largely dictated by ongoing governmental trade policies and international relations. The convergence of these factors emphasizes the importance of fostering resilience and adaptability in the face of an evolving economic landscape.<\/p>\n


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General News – 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Optimism of Spanish Entrepreneurs Amidst Global Trade Turmoil Spain has emerged as the most \u00a0optimistic\u00a0 country in Europe and the Middle East regarding the ongoing \u00a0Tariff War\u00a0, according to a recent analysis by \u00a0Oxford Economics\u00a0 included in the \u00a0International Business Report\u00a0 (IBR) prepared by \u00a0Grant Thornton\u00a0. This report assesses the expectations and concerns of […]<\/p>\n","protected":false},"author":1,"featured_media":158614,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[18,3009,1147,7567,3761,3344,1694,39609,1493,326],"class_list":["post-158613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mazagine","tag-country","tag-east","tag-europe","tag-grant","tag-middle","tag-optimistic","tag-spain","tag-thornton","tag-trade","tag-war"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/158613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=158613"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/158613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/158614"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=158613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=158613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=158613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}