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What a "Customs War" with the United States Would Mean - Evidence Network

  • German and US officials struggle over trade relations amid a customs conflict with widespread economic risks identified in 2025.
  • The Familienbetrieb Foundation commissioned a study by WIFO and the Kiel Institute to assess escalation scenarios and quantify potential losses.
  • The study predicts a 43 percent drop in German exports to the US, with the pharmaceutical, automotive, and mechanical sectors suffering large production declines.
  • Key figures include a 0.2 percent GDP contraction in Germany, an 8.7 percent pharmaceutical production decline, and Cologne losing 4.9 billion euros in output.
  • The findings imply severe regional and sectoral damage unless trade talks succeed, while some sectors like finance and telecommunications might benefit during ongoing uncertainties.
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hna.dehna.de
+11 Reposted by 11 other sources
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Study: What a "Customs War" with the US Would Mean

How does the customs conflict with the US continue? The situation is confusing. A study highlights what an escalation would mean.

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Bias Distribution

  • 83% of the sources are Center
83% Center
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wz.de broke the news in on Friday, May 23, 2025.
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