2025 - Economist Discusses Why Concessions Are Not the Ideal Approach

2025 - Economist Discusses Why Concessions Are Not the Ideal Approach

Samina Sultan, an expert from IW, emphasizes the need for a robust European response to Trump’s tariff announcements, suggesting the EU may target US tech firms. She estimates that Germany could face an economic loss of around 200 billion euros due to these tariffs, potentially lowering its economic performance by 1.5% by 2028. Sultan warns of escalating trade tensions, noting that the EU has attempted negotiations but may need to implement coun…

Germany faces three challenges in the new world order for tariffs Berlin, 3 Apr (dpa) – Germany woke up today with a radically transformed world trade order, hours after the announcement on the imposition of customs duties by US President Donald Trump. The US will introduce general tariffs of at least 10% on all imported goods, toll that in the case of the European Union (EU) rises to 20%. As one of the world’s leading exporting countries, Germa…

Donald Trump's US tariffs also hit Germany hard. According to experts, a region has particularly tough consequences to expect. A change is underway.

Donald Trump makes serious and announces far-reaching tariffs on imports into the USA. The consequences for Germany will be noticeable, but it is too early for black painting.

The new tariffs announced by US President Donald Trump on so-called “Liberation Day” could cost Germany around 200 billion euros. This is the result of an estimate published on Thursday by the Institute of German Economics (IW). The cumulative economic damage, calculated over Trump's four-year term of office, could amount to around 750 billion euros for the EU in addition to around 200 billion euros for the Federal Republic. According to the ins…

In the worst case scenario, an escalation of the dispute could completely block trade.