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July 18, 2025 Bremen, Bremerhaven: The containers are processed in the overseas port.
Sina Schuldt/Alliance Alliance through Getty Images)
In the second quarter of 2025, the German economy decreased slightly by 0.1% from the previous three months, showed data from the Destatis Statistics Statistics Agency.
The picture coordinates the expectations of analysts surveyed by Reuters, and there was a sharp slowdown compared to the revised expansion of 0.3% in the first quarter.
US Tariffs and their influence They were the main problem for the European economy. So -called mutual tariffs of US President Donald Trump initially He came into force in April when the second quarter began.
Duties were then temporarily It has been reduced, with the last months suffering from great uncertainty as negotiations are underway. Some higher industry tariffs, including on toss and steel and aluminumThey also acted.
The European Union last weekend agreed On a trading base with the US, which includes 15% of tariffs imposed on the block. Some goods should be released and the collections in the car dealerships were reduced to the base level.
Later, a preliminary reading of the gross domestic product is expected on Wednesday. According to the Reuters poll, economists expect the growth to be compiled.
In the first three months of 2025, the Eurozone economy increased by 0.6%.
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