Donald Trump’s new tariffs could cut US exports by 22 per cent, with Canada and Mexico seeing the biggest hits, if countermeasures follow.
Tariffs include 25 per cent duties on most Canadian and Mexican goods and 10 per cent on Chinese imports.
Without countermeasures, declines would be lower.
Germany may see a slight export boost, but future US-EU tariffs could limit gains.
Tariffs include 25 per cent duties on most Canadian and Mexican goods and 10 per cent on Chinese imports.
Without countermeasures, declines would be lower.
Germany may see a slight export boost, but future US-EU tariffs could limit gains.
