US tariffs threaten to more severely hit German export centres: CBREIM
US trade tariffs threaten to more severely impact export gateways in Germany—cities like Hamburg with large seaports that serve as key logistics hubs, according to CBRE Investment Management (CBREIM). Supply chains will only be hit by a reduction in trade to the US, but not by exports to other markets. CBREIM has made an upward revision of 40 basis points to Germany’s five-year GDP forecast.
US trade tariffs threaten to more severely impact export gateways in Germany—cities like Hamburg with large seaports that serve as key logistics hubs, according to CBRE Investment Management (CBREIM).
Supply chains will only be hit by a reduction in trade to the US, but not by exports to other markets.
CBREIM has made an upward revision of 40 basis points to Germany’s five-year GDP forecast.
