Germany is facing the ‘tariff man’: How Europe’s biggest economy could lose out under Trump plans
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Euronews.com
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The German economy, the largest in Europe, faces potential risks from US President-Elect Donald Trump's proposed trade tariffs, which could cost Germany 1% of its GDP. Experts warn that Trump's blanket tariffs on imports, particularly affecting Germany's export-oriented economy, could lead to significant economic contraction. The automotive sector is particularly vulnerable, and while some short-term benefits may arise from US demand, a looming trade war and ongoing economic struggles in Germany raise concerns about future growth. Teljes cikk (Euronews.com)