Increasing German exports to Europe will be replaced for the fall of America

Economists hope that the increase in trade wars and defenseism in the United States will focus on Europe in the German export sector.

According to a new study conducted on the developments of Deloitte Auditing until 2035, increasing the growth of German exports within Europe can replace exports to the United States, and even beyond compensation, the European Union will remove existing trade barriers.

According to “Deloitte” experts, only American customs duties announced up to Mid -March are expected to make German exports 3.2 % to the United States till 2035. The result, according to the study, reduces the size of the German business in the United States from 84 billion euros to 59 billion euros in ten years.

The last fall, Deloitte experts grow in German exports to the United States up to 2035, without the customs duties announced or imposed by US President Donald Trump.

However, Deloot professionals have revised their expectations that Europe will increase, as German exports are expected to increase to ten important countries in Europe, with experts in the fall, an average of 2.5 percent annually.

This is due to the loss of German business in the United States – at least nominically, without considering inflation.

According to “Deloitte” experts, German exports to the largest countries in Europe, with a total of 357 billion euros, have already exceeded four times the size of German exports to the United States. By 2035, it will increase to 467 billion euros.

Industrial Consulting Director Oliver Benedsh at “Deloitte”, “Sleeper German Industry” of the European Union’s internal market is the German industry, said the European Union would not be completely exploited if the European Union did not remove the existing commercial obstacles.

According to the study, it is possible to achieve strong growth. “In the light of high protection trends in global trade, the German industry can definitely benefit from the growth batch of Brussels,” the statement said.

In addition, companies recover after two years of contraction in the largest economy in Europe on Tuesday.

The Munich Economic Research Institute scored 86.7 points in March in March, according to analysts’ expectations in a poll for Reuters.

The poll showed that companies were more convenient for the current situation and their expectations were significantly increased. “German companies hope to recover,” said Clemens Fosst, head of the EVO Institute.

“The economy is expected to increase 0.2 percent in the first quarter,” said Class Walbo, head of intelligence sector at the EVO Institute.

German GDP fell 0.2 percent in the last quarter of last year.