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Fighting Fire with Fire? Transatlantic Economic Relations after the U.S. Elections
17/12/2024

Chuttersnap / Unsplash
Chuttersnap / Unsplash

The return of Donald Trump could burden global trade with tariffs and weakened international institutions. Germany's export-oriented economy faces challenges such as dependence on the USA and the pressure of green and digital transformation.

Donald Trump’s return to the White House could disrupt the global economy yet again with an “America First” agenda. He is likely to reintroduce tariffs, reshore critical industries, and may connect trade to other policy areas like security.

In the latest edition of Berlin Perspectives, Stormy-Annika Mildner explores the ramifications for the EU and Germany in particular. She highlights vulnerabilities in Germany’s export-driven growth model and the European economy in general compounded by the challenges of the green and digital transitions.

To navigate this critical moment, Mildner outlines key priorities for Germany’s next government: enhancing the EU’s economic resilience, maintaining structured dialogue with the U.S., supporting a rules-based international order, and expanding global partnerships.

Team & authors

About the Berlin Perspectives project: The IEP Policy Brief series Berlin Perspectives presents precise analyses on Germany’s European policy to an English-speaking audience. The authors analyse German European policy positions on current topics and debates to provide policy recommendations based on their findings.

ISSN/ISBN:
Image copyright: Chuttersnap / Unsplash