Czech Republic Halts Economic Growth Outlook Due to U.S. Tariffs Risks

The Czech government has adjusted its economic growth forecast downward, anticipating reduced company investment due to the escalating risks associated with U.S. tariffs. The Finance Ministry now projects a 2% GDP increase in 2025, down from the earlier 2.3% estimate. Exports are weakening overall, while household spending remains the primary driver of expansion. Officials point to weak exports as a significant factor behind this reduction in growth projections.