In the West, Germany's losses were assessed due to Trump's duties on cars and trucks

US President Donald Trump's increase in duties on cars and trucks from the European Union could cost Germany almost €15 billion. This was reported on May 2 by Reuters, citing an assessment by the Kiel Institute of World Economics (IfW).

"The consequences will be significant," said Moritz Schularik, head of the institute.

It is noted that the institute's assessment indicates the "vulnerability of the largest EU economy" to US import duties, which have already cost the German automotive industry billions of dollars.

"The already sluggish growth rates of the German economy will suffer greatly," IfW economist Julian Hinz said.

The report also notes that other European economies with a significant automotive sector, including Italy, Slovakia and Sweden, are also likely to suffer "significant losses."

The chief adviser to the German Economy Minister, Jens Sudekum, called for caution regarding Trump.

"For now, the EU should just wait and see what happens..."It is well known that Trump is quickly suspending or withdrawing his grandiose threats to impose tariffs," Sudekum told Reuters.

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And can the duties change the geography of Russian oil supplies and the political future of the US president?

Trump announced the introduction of duties on European-made heavy trucks on September 25 last year. Then their size was 25%. The American leader clarified that these measures were taken by him in order to protect his fellow citizens involved in the production of trucks from competition.

Pavel Dubravsky, an American expert and head of the Dubravsky Consulting agency, suggested on February 26 that Trump would continue to look for ways to introduce new tariffs. According to the expert, he needs this to prove the success of his foreign policy.