German growth was still broken down. The German government now establishes the stagnation of the Gross Domestic Product (GDP) in 2025 after two years of recession. In other words, the wealth produced should not increase this year, due to the commercial war launched by Donald Trump. Last January, government forecasts were presenting a growth of 0.3%.
“The commercial policy of the United States, threat and taxes of customs tariffs directly affect the German economy, which is very export oriented,” said Economy and Climate Minister Robert Habeck on Thursday, April 24, during the presentation before the press of the outgoing government forecasts.
The now former premises of Europe has clearly lost its function in recent months, which has seen its GDP contract For the second consecutive year in 2024 (-0.2%), after -0.3% in 2023.
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Source: BFM TV
