The president of CAEB, Carmen Planasparticipated yesterday in the meeting convened by the president of the Government, Marga Prohens, in the Mar Consolat to address the situation generated by the tariff policy of the government of Donald Trump. Planas has claimed Political, economic and social unit before a situation that generates “much uncertainty at the business level and that must be resolved from the force of a market as important as the European Union.”
During the meeting, in which business representatives, union and members of the Balearic Executive participated, Prohens announced a shock plan to alleviate the tariff impact on the Balearic business sector that amounts to six million euros. Carmen Planas showed her support for the initiative and recalled that of the total exports of the Balearic Islands during 2024, which reached a value of 2,641 million euros, The US arrived 21.3 million (0.8% of the total).
“Our main markets are in Europe,” said Planas and collects CAEB in a statement, stating that 75% of the Balearic Islands are directed to Germany, France and Holland. «Trump tariffs must have little direct impact on the Balearic Islands; While the dependence we have in Europe I could end up impacting some products. If it affects any of the issuing markets, such as Germany, it can have more negative effective in the Balearic Islands, ”said the president of the employer.
Also, Planas said that the tariff conflict does not have to affect the Balearic tourism sector, since the US contributed only 2% of the international influx to the Balearic Islands in 2024, «although although It is an upward market and with high purchasing power and can end up being resorted to.
«As already happened with the Russian invasion of Ukraine, geopolitical uncertainty in a globalized world is not positive. Any tariff policy is negative because it can mean cost overruns and inflation. Business fabric needs confidence, certainty and stability. Europe must make a joint decision and without great delays. If we are not going together, we will lose all the force that Europe has, ”concluded the president of CAEB.
