Germany expects zero GDP growth this year, blames Trump tariffs
- Germany's economy expects zero growth this year.
- Outgoing Economy Minister Habeck blamed US trade policy and tariffs.
- Germany's export-oriented economy depends heavily on open global markets.
- Habeck stated, "Tariffs... Are hitting German economy harder."
- Leaders call for swift action and European unity to restore competitiveness.
78 Articles
78 Articles
German economy gets yet another downgrade as government projects zero growth this year
Germany's economy is expected to post zero growth this year, outgoing Economy Minister Robert Habeck said Thursday, blaming US President Donald Trump's sweeping tariffs. "The US trade policy of threatening and imposing tariffs has a direct impact on the German economy, which is very export-oriented," he said, presenting the forecast. The German government had previously expected slight GDP growth of 0.3 percent for this year for Europe's top eco…
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