BREAKING NEWS

German government believes Trump would ravage U.S. economy

BERLIN - Germany's economy ministry believes a Donald Trump presidency would severely damage the US economy, according to an internal memorandum reported by Der Spiegel magazine on Saturday.
The ministry expects "shrinking gross domestic product, fewer jobs and higher unemployment," in the United States if the Republican candidate were to implement his campaign pledges, the magazine cited the memo as saying.
Trump, a billionaire businessman seeking his first public office, has proposed tax cuts worth $4.4 trillion and wants to curb government regulation and take a tougher stance on negotiating trade deals.
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy

Read all Tweets >