Overview
- Euskadi shipped €1,508.7 million in goods in August, marking one of the steepest monthly falls since the pandemic.
- All three provinces registered declines, with Bizkaia down 36.3%, Álava down 32.7% and Gipuzkoa down 16.3%.
- The July transatlantic framework set a 15% cap for most European exports while keeping steel and aluminum at 50%.
- The planned reduction in U.S. auto tariffs to 15% remains contingent on reciprocity, and local reporting says automotive and metals activity has weakened.
- The year-to-date tally reached €19,880 million, a 3% decline overall, according to Morquecho Euskadi.