Feijóo believes that the new US trade offensive requires more than temporary measures. The president of the Popular Party (PP) raised this Monday with the government the urgent need to develop an "Industrial Competitiveness Plan" that would provide Spain with lasting tools to counter the US policy of duty driven by the US administration.We are facing an extraordinary challenge that demands an extraordinary response.", he stated after meeting with more than fifty representatives of productive sectors, autonomous communities, and parliamentary spokespersons.
The Popular Party leader has published a decalogue with concrete proposals at both the national and European levels.This is not about partisan interests, but about facing a new era for the Spanish economy.«, Has pointed out.
Structural and European measures against tariffs
Feijóo has broken down his proposals into two areas: six measures to be applied in Spain and four aimed at the community frameworkAmong the national initiatives, the People's Party (PP) proposes extending the useful life of nuclear power plants and eliminating the tax on the value of electricity production.These two decisions alone would save up to 16.000 billion euros over five years for households and industry.«.
Added to these initiatives is the urgent need for a water infrastructure plan to guarantee water availability, a key requirement for the agricultural and industrial sectors. Furthermore, Feijóo proposes reviewing the 97 tax increases approved during the current term, one by one, and unblocking the Agricultural Taxation Law.
At the European level, the PP proposes the creation of a fund with revenue from tariff countermeasures, the acceleration of pending trade agreements, and the elimination of bureaucratic obstacles.The response to tariffs requires firmness, diplomacy, and intelligence from the EU.", it states.
A country strategy to face the challenges
The president of the PP has positively valued that the Government has brought forward the draft royal decree on tariffs which will be approved by the Council of Ministers, while considering that there is "room for improvement«. Along these lines, he advocates that this institutional collaboration be extended to all issues of national interest.
Feijóo insists that this situation requires a national strategy. "Where are the proposals for the Treasury, Agriculture, Science, Industry, or Labor?" he asks.The response must be comprehensive, not just financial.«.
The PP also believes it is necessary for the General State Budget to be approved as soon as possible.We cannot continue with the extension of the accounts from another legislature and another international context."Current decisions must be adapted to a changing world and a trade war situation.
Support for affected sectors and concrete proposals
Feijóo advocates acting with unity and a sense of state.Being divided doesn't add up. This is a trade war that affects us all."He stated. Therefore, the PP proposes bringing all parties together at the same table to develop coordinated solutions.
The Popular Party leader pays special attention to the situation of SMEs. He proposes that both European funds and the income obtained by the duty that remain in Spain are directed primarily to these companies, through flexible and transparent allocation mechanisms.
The PP also proposes:
- Reduction of social security contributions for the most affected sectors.
- Tax incentives and reduction of personal income tax adjusted for inflation.
- Free depreciation of fixed assets for the years 2025-2027.
- Boosting new markets and supporting the commercialization of clean technologies.
A long-term vision
«We must not resign ourselves to losing or damaging the transatlantic bond."Feijóo said, referring to the relationship with the US and the international context. In his opinion, the new era requires a more ambitious and sustained vision.
«The PP will be at the service of the nation as a state party, without submission to minorities and at the exclusive service of the Spanish people.", he concludes. In a message addressed to the general public, he points out that the challenge of duty does not understand ideologies and that "The response must be commensurate with a modern, open and resilient economy.«.
With this proposal, the Popular Party reaffirms its commitment to the Spanish productive fabric, especially in sectors such as agri-food, automotive and industrial, and offers a clear and viable roadmap to address the adverse effects of the new duty could generate.
