Trump announces Zölle: Germany's economy with great willingness to alert!

Trump announces Zölle: Germany's economy with great willingness to alert!

Deutschland, Land - On April 3, 2025, US President Donald Trump announced massive tariffs to foreign products. With this decision, concerns about the possible effects of a trade war are loud worldwide. Krone reports that Germany's Minister of Economic Affairs Robert Habeck has referred to the customs increases as the most disruptive for 90 years and compares it to the attack on Ukraine. Habeck criticizes that Trump is completely unpublished by the presentation of the US trade relationships.

the United States benefited from globalization, although the unequal distribution within the country is a domestic problem. Chancellor Olaf Scholz solidarizes with Habeck and calls the tariffs "Grundfalsch" and a "attack" on the global trade order. Scholz warns that the global economy could suffer from these decisions, which ultimately only causes losers.

European reactions to Trump's customs announcements

EU Commission President Ursula von der Leyen also comments concerned about the American tariffs and describes them as a difficult blow for the global economy. She warns of rising prices for food, medication and transport, which could particularly affect poorer citizens. The EU prepares a package of measures in response, but remains ready to talk. Concrete measures are to be coordinated on April 9th, with the Leyen emphasized that it is not too late for negotiations with the USA.

The reactions to the US customs notice are diverse. António Costa, the EU President, calls for the expansion of trade relationships to other countries and the ratification of new free trade agreements. Manfred Weber, President of the European People's Party, warns that the tariffs could harm both the United States and Europe. Bernd Lange, chairman of the trade committee in the EU Parliament, calls the tariffs unjustified and calls for a common European reaction.

economic consequences and global perspective

The announcements by Trump and the impending trade conflicts lead to uncertainties in the global economy. According to nadr , such trade wars can have serious effects on the markets that are fueled by higher tariffs and trade restrictions. Companies face increasing production costs, which can affect their competitiveness. In addition, consumers could pay higher prices for imported goods, which reduces their purchasing power.

The trade war between the USA and China serves as an example of the far -reaching effects of such conflicts. Forecasts indicate minimal growth rates: China could shrink by 0.5%, Germany by 0.3% and the USA by 0.2%. It is recommended to develop strategies to cope with these trade conflicts through bilateral conversations, diversification of trading partners and international cooperation.

In this context, those responsible for the German economy also express themselves concerned about the customs announcements. The association of the automotive industry and the Federal Association of Wholesale in particular are alerted. While some EU member states are reacting more cautiously, France is already planning countermeasures in two waves, the first is to be announced in mid-April. Spain's Minister of Economic Affairs emphasizes that the government is ready to take measures to protect companies and consumers.