It really is somewhat misleading to compare an individual EU country to China in terms of its exports as a share of GDP. Germany's "staggering" 43.4% of GDP is a bit less staggering when one considers that the majority of these exports -- nearly 60% in 2023 -- are to other EU countries.
"it stands to be among the hardest hit by Trump’s proposed tariffs" Italy has the same figures as Switzerland which got a 31% whack, Italy with its 20% EU tariff gets away quite well.
Proof that the EU is the IVth Reich...
It really is somewhat misleading to compare an individual EU country to China in terms of its exports as a share of GDP. Germany's "staggering" 43.4% of GDP is a bit less staggering when one considers that the majority of these exports -- nearly 60% in 2023 -- are to other EU countries.
"it stands to be among the hardest hit by Trump’s proposed tariffs" Italy has the same figures as Switzerland which got a 31% whack, Italy with its 20% EU tariff gets away quite well.