Following the re-election of former President Donald Trump and the collapse of the coalition government in Germany, the economic and political landscape is facing uncertainty.
During his campaign, Trump proposed the implementation of the 'Trump Reciprocal Trade Act,' which would match U.S. tariffs with those imposed by other countries. However, the specifics of these tariff increases remain unclear, with suggestions of a 10% tariff on all imports and 60% duties on imports from China.