Spain's PM Sanchez unveils $15.66 billion plan to protect economy from U.S. tariffs
Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Spain's PM Sanchez introduces a $15.66 billion plan to protect the economy from US tariffs, including new financing and existing measures.
MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said on Thursday his government will implement a 14.1 billion euro ($15.66 billion) plan, including 7.4 billion euros in new financing, to cushion the impact of the new U.S. tariffs on the Spanish economy.
The rest of the aid package will comprise existing instruments, Sanchez said.
($1 = 0.9006 euros)
(Reporting by David Latona, editing by Inti Landauro and Andrei Khalip)
The article discusses Spain's $15.66 billion plan to protect its economy from the impact of US tariffs.
The plan includes 7.4 billion euros in new financing.
Spanish Prime Minister Pedro Sanchez announced the plan.
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