US EditionWhat 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.
21 Articles
21 Articles
The regional district of Cologne, to which Bonn also belongs, would suffer particularly from a customs war with the USA. Why this is so – and what a trade deal would mean for the region.
According to a study, a trade war with high tariffs between Europe and the US would put a particular strain on the German economy in some regions.
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.
How does the customs conflict with the US continue? The situation is confusing. A study highlights what an escalation would mean.
A tariff war between Europe and the US would place a heavy burden on the German economy and trigger significant regional disruption. This is the conclusion of a study by economists led by Viennese economics professor Gabriel Felbermayr for the Foundation for Family Businesses, reported on by "Der Spiegel." The study analyzes various scenarios of the European-American trade conflict. An escalation of the dispute would reduce Germany's economic ou…
Coverage Details
Bias Distribution
- 83% of the sources are Center
To view factuality data please Upgrade to Premium
