Part 4/8:
The ramifications of Trump's tariff announcements could profoundly affect various sectors within the EU. Reports suggest that industries such as automotive manufacturing, pharmaceuticals, and chemical production—of which Germany is a key player—will bear the brunt of the economic consequences.
Germany, which already faces a stagnant economy, has a substantial manufacturing base that is notably integrated with Mexican operations. Hence, any tariffs imposed by Trump may significantly choke off internal market activity and worsen the economic outlook not just for Germany, but for the entire EU.