Germany and China: There are only losers in a trade war – Economy

Russia, China, Gulf States: Many are calling for trade ties with disputed countries to be reduced. Researchers have now calculated that this would lead to a dramatic economic slump in Germany. What they advise instead.

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Marc Beise

Just don’t become as dependent on a questionable state as you were on Russia recently on energy issues. This is a widespread political demand that has led to doubts about international trade relations. But the export-oriented German economy cannot really afford to think back on itself: This is the result of a study that researchers at the Ifo Institute, led by its President Clemens Fuest, have just completed and which the SZ has exclusively available.

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