S&P Global Ratings wrote in a report to investors that the Eurozone economy may be able to absorb the impact of rising export tariffs on the US. Trump previously warned that he would impose a 10% tariff on imported goods. This policy will affect European exporters, and the US is the most important market for European exporters. However, according to S&P estimates, this situation may only reduce economic growth in the Eurozone by 0.2%, and Germany will be hit harder than other economies. Moody's said, “For the Eurozone economy, the potential tariff impact seems manageable,” especially if the dollar appreciates further against the euro.

S&P Global Ratings wrote in a report to investors that the Eurozone economy may be able to absorb the impact of rising export tariffs on the US. Trump previously warned that he would impose a 10% tariff on imported goods. This policy will affect European exporters, and the US is the most important market for European exporters. However, according to S&P estimates, this situation may only reduce economic growth in the Eurozone by 0.2%, and Germany will be hit harder than other economies. Moody's said, “For the Eurozone economy, the potential tariff impact seems manageable,” especially if the dollar appreciates further against the euro.