According to calculations by the German Institute of Economic Affairs, US President Trump threatened to impose 50% tariffs on the European Union, then Germany will lose about 200 billion euros before Trump's second presidential term ends at the end of 2028. Trump said earlier on May 23 that it was difficult to do business with the EU and that there was “no progress” in trade negotiations, so he proposed imposing a 50% tariff on the EU starting June 1. Earlier, after the US announced the imposition of new tariffs on imported products, Germany's acting economy minister Robert Habeck advocated starting a dialogue with China on this to avoid market damage due to falling commodity prices.

Zhitongcaijing · 05/24 11:25
According to calculations by the German Institute of Economic Affairs, US President Trump threatened to impose 50% tariffs on the European Union, then Germany will lose about 200 billion euros before Trump's second presidential term ends at the end of 2028. Trump said earlier on May 23 that it was difficult to do business with the EU and that there was “no progress” in trade negotiations, so he proposed imposing a 50% tariff on the EU starting June 1. Earlier, after the US announced the imposition of new tariffs on imported products, Germany's acting economy minister Robert Habeck advocated starting a dialogue with China on this to avoid market damage due to falling commodity prices.