German gloom deepens as Trump tariff threat rattles exporters

Contributing sentiments towards policy:

59% : While this could help ease EU inflation, domestic manufacturers' would face increased competition and margins would be further squeezed.
48% : It was poised for another year of tepid growth next year even before Trump won last month's US presidential election -- and now economists have lowered their output predictions even further.
47% : In a scenario where Trump introduces the 20 per cent tariffs on non-Chinese imports he promised in his campaign, German exports to the US could tumble by 15 per cent, the Munich-based Ifo institute estimates.
31% : This time, Trump may use the threat of tariffs as a way of extracting policy concessions from allies such as on the push to decouple from China, said Neal Shearing of Capital Economics.

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