Trump administration’s heavy blow to German economy – Mehr News Agency | Iranian and world news

Mehr News Agency quoted Russia Elium, the German Economic Research Institute, warned that the Trump administration’s tariffs against European goods would bring a 5 billion euro blow to the German economy.

The report said that the United States will also be affected by these measures as it is dependent on some German goods, such as some of the cranes.

Donald Trump recently announced that it plans to impose these tariffs from January 1st because trade talks with the European Union Forever It will not be.