German businesses face mounting pressure as US tariffs surge to 15%, up from less than 2% previously, according to Helena Melnikov, CEO of the German Chamber of Commerce and Industry (DIHK). The sharp increase has disrupted supply chains and eroded profit margins for exporters, sparking concerns about long-term economic resilience.
"This isn\u2019t just about tariffs\u2014it\u2019s about maintaining Germany\u2019s role in global trade," Melnikov stated, emphasizing the need for diplomatic solutions to ease cross-Atlantic tensions. Analysts note the tariffs could accelerate shifts in manufacturing strategies, with companies exploring alternatives in Asian markets to mitigate costs.
The development highlights broader challenges in EU-US trade relations, with implications for investors monitoring Europe\u2019s industrial sector. Meanwhile, Asian economies may see increased opportunities as German firms reassess supply chain dependencies.
