Trump's Proposed Auto Tariffs Threaten German Exports

The U.S. President plans to announce 25% tariffs on imported cars, targeting key sectors of Germany's economy.

The U.S. is set to impose 25% tariffs on auto imports, with President Trump expected to confirm details in early April.
Germany's auto industry, which exported €161.4 billion worth of goods to the U.S. in 2024, faces significant challenges from these tariffs.
The EU and German officials warn of potential economic repercussions and are preparing responses to avoid a tariff escalation.
China has been overtaken by the U.S. as Germany's top trade partner, but declining trade with China also highlights broader global trade shifts.
Experts predict the new tariffs could shrink Germany's economy by over 1% and jeopardize up to 300,000 jobs if a trade war escalates.