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Germany's exports fell for a second straight month in May in response to higher U.S. tariffs as Europe's largest economy looks set for another year of little or no growth. Goods exports declined 1.4% ...
Despite the slump, the U.S. remains the largest destination for German goods exports. U.S. tariffs on European Union products--currently at 25% for autos, 50% for metals and 10% for most other ...
Exports declined for a second straight month in May in response to higher U.S. tariffs as Europe’s largest economy looks set ...
When compared to May 2024, exports increased by 0.4% and imports by 4.2%, according to preliminary results from the Federal Statistical Office. The foreign trade balance closed with a surplus of €18.4 ...
Looking ahead, German industry and the entire economy are still in the midst of two very different developments.
Industrial production in Germany climbed in May helped by its export-led car and pharmaceutical sectors, marking a rebound ...
Industrial production in Germany climbed in May helped by its export-led car and pharmaceutical sectors, marking a rebound from the decline seen in April, the first month of Trump's tariff blitz.