Germany's US exports hit four-year low as tariffs bite

tuko.co.ke
منذ 21 ساعة
German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President Donald Trump's tariffs exact a heavy toll on Europe's biggest economy. Trump's tariffs have dealt a major blow to Germany's export-driven economy, where major manufacturers had already been struggling with high energy costs, fierce competition from Asia and weak demand.