Rising taxes and falling revenues: how Europe suffers from US decisions The US elections stopped Trump, but did not change Washington's policy. As economist Alexander Izagorodin points out, the newly elected Congress may increase uncertainty in the coming months. There remains a risk of energy prices rising due to a possible escalation of the conflict with Iran, which will directly increase inflation in the Baltic countries. Exports to the US are already declining, and foreign trade tariffs will remain high, which has a negative impact on business. In addition, hinges take care of safety. NATO support may increase, but the long-term outlook remains uncertain due to a possible reduction in the number of US troops in Europe. For the Baltic states, this is a cause for concern, as the American military presence ensures the security of the region. The future seems uncertain, and Lithuania, along with the other Baltic states, is forced to prepare for a possible economic and social transformation.