U.S. tariffs could thrust Germany into recession, central bank governor says
Portfolio Pulse from
German central bank President Joachim Nagel suggests that ongoing U.S. tariffs might push Germany into a potential recession in 2024. The warning highlights the significant economic vulnerability of Europe's largest economy to international trade tensions.
March 18, 2025 | 11:30 am
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NEGATIVE IMPACT
The iShares MSCI Germany ETF could experience negative pressure due to potential recession risks stemming from US tariffs.
The potential recession directly impacts Germany's economic performance, which would negatively affect the ETF tracking German market performance.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90