Trump, Germany
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Global logistics giant DHL is restricting parcel services from Germany to the United States due to new tariff regulations imposed by the Trump administration, the Germany-based company said on Friday.
GDP fell 0.3% on quarter in the three months to the end of June, with industry faring worse than anticipated as U.S. tariffs hurt exports.
The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory. View on euronews
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Cryptopolitan on MSNCanada strengthens German trade ties to cushion U.S. tariff fallout
Canada is expanding its trade and defense relationship with Germany as a direct response to growing tariff threats from U.S. President Donald Trump, according
Germany's economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the United States slowed following months of buying ahead in anticipation of U.
Germany’s economy faces deepening recession as the EU–US trade agreement, high energy costs, and rigid climate policies accelerate industrial decline.
Services including Royal Mail and DHL say they are suspending deliveries until they have proper systems in place.
Winemakers across Europe face fresh uncertainty after the US refused to grant special treatment for wine and spirits in a trade deal with the EU announced on Thursday. While German carmakers have secured a better outcome,
Germany’s economy shrank more than initially estimated in the second quarter due to a much weaker performance by manufacturers following a surge in US business at the start of the year to avoid tariffs.