US tariffs to pose a risk to German exports - German Economy Ministry

The German Economy Ministry is out with their monthly report, cautioning about the threats of protectionism.

Key highlights

Germany's Economy Ministry is wary about the potential impact of Trump's steel and aluminum tariffs on trade in Europe, citing the uncertainty behind the protectionist moves as a risk to trade looking forward. Despite the risks to exports, Germany has a positive outlook for 2018 overall, and the German government expects expansion of 2.4% through 2018.