US tariffs can deepen the decline of Germany and says.

Tariffs for goods imported to the United States, according to the President of the Central Bank of Germany, the largest economy in Europe can also be signed with another decline.

Germany’s economy has signed a contract with the last two years and tariffs, “It can also wait for a recession for this year,” said Deutsche Bundesbank President Joachim Nagel BBC World Service in an exclusive interview.

Without tariff, the bank predicts the stagnation of the German economy, but will still grow, it will increase by about 0.2%.

When applying the tariffs, he said, “There are only those who have lost,” the EU’s US President Donald Trump supported the 25% tariff against all steel imports from abroad.

Tariffs are part of Trump’s overall economic vision – hopes that we will produce and protect us, but critics will immediately raise prices for US consumers.

There is AB in response to Trump’s action Click back with import taxes in a number of US products that will come into force on April 1.

Mr. Nagel called Trump’s “Economics from the past” and “a good idea.”

The global trade war is one of the concerns of tariffs and revenge tariffs, but you cannot accept a policy of “something for you,” he said.

However, the payment of the United States will be able to pay the price “on the highest side of Americans” and will allow each party to come to a different resolution.

“I hope that in the end, good policy will succeed,” he said.

Germany’s export economy was one of its strengths in recent decades and cars such as BMW, Mercedes, Volkswagens and AUDIS are popular in the United States.

Mr Nagel claimed that Germany was “strong economic basis” and “strong small and medium-sized companies”, “Europe is a sick man.”

“However, when you are exposed to a export-oriented model, when the tariffs rise and so uncertainty, there are many uncertainty, there are many uncertainty,” he said.

He said that Germany could cope with such difficulties in the “next few years.”

However, German consumers face higher prices.

German wholesale, foreign trade and services, Dirk Ghadura’s BGA, head of the Foreign Affairs of the Foreign Affairs, in the Germans, supermarkets, orange and peanut butter, such as orange and peanut butter, will be pockets for American products.

We are watching Last unprecedented changes in German economic policyVariables, Mr. Nagel, which allows the country to spend more money to spend the defense and infrastructure, said that it is “unusual measure” for “unusual time.”

“The whole world is facing tectonic changes that make the current situation in the past, so it is a financial change,” he said.

He added that the change in political change will allow Germany to restore some financial response to the recovery for the next few years.