As the 2024 US elections approach, concerns about a potential trade war between the EU and US are rising, particularly if Donald Trump is re-elected. This could severely impact Germany, a major trading partner of the US, with possible tariff increases of 10% to 20% on imports. Two scenarios from the German Economic Institute predict significant GDP losses for Germany, ranging from €127bn to €180bn. The EU may retaliate with tariffs, affecting not only Germany but also other European countries. Experts warn that a trade war could worsen existing economic challenges in Europe, emphasizing the need for strong trade relations. Teljes cikk (Euronews.com)