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Trump's renewed presidency poses significant challenges for Germany, particularly through protectionist trade policies and demands for increased security spending. Experts predict that these measures could lead to a loss of up to 1.4 percentage points in economic growth and jeopardize between 195,000 and 235,000 jobs by 2027. With the U.S. as Germany's largest trading partner, higher tariffs could severely impact the already struggling export industry, intensifying economic uncertainties.
Moritz Schularick
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trump's protectionist policies threaten Germany's economy and trade relations
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18:18 06.11.2024
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