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Chancellor-in-waiting Friedrich Merz warns against the “dramatic” effect of world markets and how it fits his country, in his first comments Donald Trump’s president of the EU.

“International equity status and bond markets are loud and threatening to rid more,” he said reuters last Monday. “Therefore it is more urgent than for Germany to return international competition immediately.”

The 20 percent TARIFF In all exports in Europe comes in a time political and economic challenges for Germany and risk obtaining any profits in the Merz industry.

Europe stocks fall when stock markets are opened on Monday, with Stoxx Europe 600 index drowned by 5.7 percent, while Dax in Germany has fallen over 10 percent. FTSE 100 is depleted by 5.1 percent.

The largest eurozone economy depends on exporting US for about 4 percent of GDP – more in France or Italy. the German economy Throws for three years since it is hit by higher energy costs, lower demand for German functions in China and fierce competition from Chinese opponents.

According to an estimate by the Cologne Institute for Economic Research, the Total Economic Harm to the German Economy Over Trump’s Four-year term could add up to € 200bn, leading to a GDP level that is 1.5 percentage points for one in ten German exports.

“In a short term, the future government will hardly the pillow that the immediate shock shock of the bank on Monday can still face a third year of reduced GDP to 2025.

If full US tariffs are enforced the “harmful” economic economy and can take it to this year’s contract, the Institute of Munich Soct “some key industries such as automotive and mechanical engineering are more difficult to hit,” like this.

“While Germany’s economy is high, it is possible that US tariffs will push Germany’s economic growth under zero,” As ifo president clemens falls.

Merz, whose conservative CDU / CSU Bloc who won February, was in pressure mounting to end complex talks with social democrats to form a government. He told Reuters that the impact of US tariffs “should now be in the center of negotiations”.

Since the election saw Merz that party agreement ratings were dropped while conservative voters doubt he could provide tax reforms. Meanwhile, support for distance alternatives for Germany (AFD), emerging as the second largest parliamentary force in February vote, resurrected.

Within the days of winning elections, Merz took the unusual step of using the old parliament to pass the fund-to-end fund refund funding of fundraising fundraising fundraising Funding funds withdrawing funds withdrawal funds withdrawing funds with fundraising fundraising fundraising funds.

Reform requires a majority of the most parliament most, that he should not win the newly selected Bundestag, where the left is deep in a third seats.

In exchange for its support in defense, SPD has obtained a € 500bn of 12-year infrastructure infrastructure in country hospitals and schools.

The package – which can lead to Germany to add an estimated $ 1TN to borrow the next decade – marks a seismic shift in European largest economies.

But since then, Merz was injured in difficult SPD negotiations with social benefits, tax cuts and migrations. Possible coalition in Merz requires members of this approved Caalisona Cact before Chancellor, may have been in the early May, according to party inviders.