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Sunday August 24 2025

German economy shrinks 0.3% in second quarter as US tariffs slowed exports

24 August 2025 09:00 (UTC+04:00)
German economy shrinks 0.3% in second quarter as US tariffs slowed exports

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.S. tariffs, Azernews ​reports, citing Reuters.

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