2024-11-13 13:29:09
Politics
Economy
NRW Politicians Address US Tariff Concerns
Related news on that topic:
The press radar on this topic:
gmx
Bundesbank: Trump's Tariff Plans Would Hit Germany Hard
Politics
Economy
According to Bundesbank President Joachim Nagel in the weekly newspaper "Die Zeit", the tariff plans announced by Donald Trump of 10-20% tariffs on EU imports and 60% on imports from China could hit Germany hard. This could cost the economy up to 1% and even lead to a decline. According to the Munich-based Ifo Institute, German exports to the USA could decline by 15%. The federal government expects the GDP to shrink slightly in 2024. Nagel is also concerned about the labor market, as industrial..
Welcome!
infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand