The trade war initiated by US President Donald Trump could cost Germany 290 billion euros ($330 billion) by 2028, equivalent to an annual loss of 1.6% of the country’s GDP, the Handelsblatt newspaper reported, citing a study by the German Economic Institute (IW).
The trade war initiated by US President Donald Trump could cost Germany 290 billion euros ($330 billion) by 2028, equivalent to an annual loss of 1.6% of the country’s GDP, the Handelsblatt newspaper reported, citing a study by the German Economic Institute (IW).

