In the media | 13 Feb 2025
Bloomberg: No good alternatives in Germany
The announcement of 25% tariffs by the US on imports from Canada and Mexico and 10% tariffs on China means the risk of across-the-board levies on the Euriozone has increased significantly. Despite the tariffs on Canada and Mexico being quickly postponed, we believe President Donald Trump is still intent on imposing tariffs on the EU. We have incorporated the impact in our February baseline and the findings were quoted in John Auther’s newsletter in Bloomberg.
Read it below:
To download the analysis referenced in this newsletter, click here.
Tags:
Related Posts
Which regions are most exposed to the 25% automotive tariffs?
While the automotive tariffs will likely lead to some production being reshored to US plants, they will also raise costs for US manufacturers and households.
Find Out More
Trump tariff turbulence threatens global industrial landscape
Trump has moved swiftly to advance a trade agenda that goes beyond what was promised in the campaign. This will have a major impact on global industrial prospects.
Find Out More
Tracking the impact of US tariffs on spending and prices
Our bottom-up framework of how imports feed into consumer spending identifies where we expect the largest tariff impacts.
Find Out More
How much could trade policy uncertainty hurt the outlook?
If there’s one thing more damaging than tariffs themselves, it’s the sharp rise in trade policy uncertainty.
Find Out More