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US Tariffs Threaten German Economy: 2024 Trade Data Reveals Vulnerability
In 2024, the US surpassed China as Germany's top trading partner (€252.8 billion vs €246.3 billion), with US-bound German exports reaching €161.4 billion (+2.2%). However, rising tariffs threaten the German economy, potentially leading to a 1%+ contraction and 300,000 job losses, while China's indus...
US Tariffs Threaten German Economy: 2024 Trade Data Reveals Vulnerability
In 2024, the US surpassed China as Germany's top trading partner (€252.8 billion vs €246.3 billion), with US-bound German exports reaching €161.4 billion (+2.2%). However, rising tariffs threaten the German economy, potentially leading to a 1%+ contraction and 300,000 job losses, while China's indus...
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