Germanys economy alone could slump by 1.6% annually by 2028, according to IW
A trade war with the US could cost the EU up to €1.1 trillion ($1.25 trillion) over the next four years if Donald Trump proceeds with proposed tariffs, according to a study by the German Economic Institute (IW).
Earlier this month, the Trump administration announced a sweeping 20% tariff on all EU goods and a 25% t
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