Acute vulnerability to a trade conflict could push struggling economy into recession, analysts warn

France24

France

Trump tariffs loom over Europe: Is a US-EU trade war inevitable?

There is nervousness in Brussels about the incoming US administration. That is not just down to Donald Trump's plans for Ukraine, but also because of his pledge to slap tariffs on EU goods of at least 10 percent. Trump insists that the EU will have to "pay a big price" for not buying enough American exports. That could hit key industrial sectors hard, not least car manufacturing. And officials from the European Central Bank are now warning of th…

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Allianz Trade, a trade credit insurance unit of German insurance major Allianz, expects SA’s exports to the US to decline by as much as $4bn in 2025/26 should the incoming Donald Trump administration follow through on its tariffs pledge, with car manufacturing set to be one of the most affected sectors.

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Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

South Africa

How Trump’s tariffs would hurt SA exports

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London

Greater London

England

United Kingdom

German gloom deepens as Trump tariff threat rattles exporters

FRANCE - For decades after WWII, Germany became the industrial engine of Europe. It remained that way until two years ago. Then, its economy slumped and, after that, went dormant. Once by far the most vibrant of any inside Europe, it peaked in the third quarter of 2022 with an inflation-adjusted output of $954 billion for the three-month period. "You have an economy in Germany that is sick," says Elias Haddad, a senior markets strategist at Brow…

Fox Business

Murdoch family

United States

Germany in economic doldrums amid Trump tariff war, China competition

PARIS — For months, European business leaders have watched as Donald Trump paved a path back to the White House by doubling down on an “America First” economic policy, putting protectionism and business-friendly tax and regulatory pledges high on the agenda.

West Hawaii Today

Torstar

David Black

As threat of Trump tariffs looms, Europe’s leaders seek greater unity - West Hawaii Today

November 23, 2024 Baghdad/Al-Masala: The European Union Ambassador to Washington, Jovita Neliubsen, announced that the bloc is “ready... The article Europe threatens Washington if Trump returns to the “customs war” appeared first on Al-Masala.

23 نوفمبر، 2024 بغداد/المسلة: أعلنت سفيرة الاتحاد الأوروبي لدى واشنطن جوفيتا نيليوبسين أن التكتل “مستعد... ظهرت المقالة أوروبا تهدد واشنطن في حال عودة ترامب لـ “حرب الجمارك” أولاً على المسلة.

أوروبا تهدد واشنطن في حال عودة ترامب لـ "حرب الجمارك"

المسلة

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Iraq

Europe threatens Washington if Trump returns to "customs war"

BizToc

Donald Trump has previously been described as a threat to Europe - Brendan McDermid/REUTERS    Donald Trump’s US election victory is a “wake-up call” for Europe to slash red tape and boost defence spending, three of the bloc’s top officials have warned. Germany and France’s central bank governors said a trade war that triggered the collapse of the Franco-German axis would be catastrophic for the single currency bloc. “We have to deal with geopol…

Jingletree

Trump trade war would be catastrophic for EU, officials warn

“President Joe Biden’s administration has allowed Ukraine to use U.S.-made weapons to strike deep into Russia, two American officials and a source familiar with the decision said on Sunday, in a significant reversal of Washington’s policy in the Ukraine-Russia conflict.” In major reversal, Biden reportedly OKs use of U.S. arms by Ukraine to strike inside RussiaDecision widely reported in U.S. but not confirmed by White House or State DepartmentT…

Russia News Now

Europe in Panic — A Meltdown Over Trump 2.0

FOR months, European business leaders have watched as Donald Trump paved a path back to the White House by doubling down on an “America First” economic policy, putting protectionism and business-friendly tax and regulatory pledges high on the agenda.

German gloom deepens as Trump tariff threat rattles exporters

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