Germany’s Economy Faces Hit From Trump’s Autos Fixation

The big risk to Germany’s automotive titans is tariff measures the U.S. government is considering. If the fragile truce between Washington and Brussels breaks down in 2019, Germany would be among the European Union countries most exposed to fresh auto levies. Bloomberg Economics estimates American consumers switching to lower-cost alternatives in the U.S. market could directly trim between 0.3 and 0.4 percentage points from Germany’s growth in 2019.