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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(S+) Donald Trump's Customs Policy: Study Shows Regional Impacts on Hamburg and Cologne
A customs war with the USA would hit Germany hard: cities such as Hamburg and Cologne would have to face billions of losses. A new study provides an overview of the extent to which individual regions are affected for the first time.
·Germany
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Total News Sources21
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
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