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August 14, 2019

EU countries to benefit from the US-China trade war

EU countries to benefit from the US-China trade war

The additional tariffs on US imports from China threatened by US President Donald Trump would damage China, while giving the US, Europe and Germany moderate advantages. But: By Chinese counter-duties, the US advantage could turn into a disadvantage, while China's losses would fall slightly. The benefits for the EU would increase as a result of the countermeasures. 

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