If Trump returns to power, the German economy will suffer huge losses!
The findings of a reputable German think tank show that if Donald Trump returns to power, with his new trade policies, the German economic system will be severely damaged. |
report Mehr News Agency, the new findings of a reputable German think tank show that if Donald Trump wins the crucial American elections this year, the German economy will suffer a severe blow.
According to Al-Nashrah Lebanon, citing German media, the think tank “Z.E.W / ZEW” which is considered one of the most reliable institutes in Germany, announced on Monday in a new study of the state of the country’s economy that if Trump returns to power, The German economy will lose billions euros.
It should be said that Donald Trump, the former president of USA in an election speech earlier among his supporters, he promised that if he returns to power, in addition to the imposition of customs tax fixed at 10% on Foreign goods imported to America will impose a heavy tax of 60% on Chinese goods.
W think tank I reported that according to this economic research published today, with the presence Donald Trump for another four-year presidential term in the United States, this could cause an economic loss of more than 120 billion euros for the German economy.