US EditionGerman exports to US tumble as Berlin urges quick trade deal
- German exports to the United States dropped by 13.8% year-on-year in May, marking their lowest level in over three years, according to the Federal Statistical Office.
- The United States remains Germany's largest export market, but its share is shrinking due to trade tensions and pending tariffs from Washington.
- Klaus Wohlrabe stated that uncertainties surrounding tariff threats are lowering exporters' expectations in Germany.
- David Deissner warned that the trade tensions are causing destabilizing effects for businesses on both sides of the Atlantic, emphasizing that there will be no winners in a tariff war.
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Coverage Details
Total News Sources60
Leaning Left5Leaning Right5Center16Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 19%
C 62%
R 19%
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