The Trump administration has imposed 100% tariffs on a range of imports from Serbia and Bosnia and Herzegovina, accusing both countries of deepening ties with China. This marks the first time a U.S. president has taken such a step against a European nation over relations with Beijing.

Real estate investment experts are not too worried about the potential negative impacts of the second Trump presidency on Europe’s economy. However, they agree that Europe as a whole must react quickly to improve its competitiveness. That was one of the key messages of the opening panel of CEE Property Forum 2024, held last week in Vienna.

Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.

CEE economies would suffer under a potential Trump presidency, primarily due to anticipated new trade tariffs, according to new research by Erste Group. The trade conflicts would impact the region indirectly through its economic reliance on Germany, says the bank’s CEE research team.