Germany braces for economic blow as US tariffs threaten key auto exports, risking a 2% GDP contraction. European leaders, led by Chancellor Olaf Scholz, condemn the measures as a dangerous escalation that undermines global trade. With tens of billions in automotive exports to the US at stake, Berlin warns of cascading damage to its industrial base. The EU prepares retaliatory tariffs, signaling a looming transatlantic trade war. Spain’s prime minister joins Germany in urging swift countermeasures to protect strategic autonomy. Analysts fear prolonged tensions could reshape Europe’s export-driven economy. The standoff marks a critical test for EU-US economic relations.
Al Jazeera’s Dominic Kane reports from Berlin.
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