US EditionGerman Economic Institutes Slash Growth Forecast for 2025 Amid Trump Tariffs
- Germany's GDP growth forecast for 2025 has been downgraded to 0.1% from 0.8%, citing trade tensions and political uncertainty as major factors.
- The report warns that U.S. Tariffs on imports pose considerable risks for Germany's economy and could escalate the downturn further.
- Germany's economy contracted by 0.2% in 2024, marking its second consecutive year of economic shrinkage, according to the report from the economic institutes.
- Unemployment in Germany is predicted to rise from 6% to 6.3%, with the number of employed people decreasing from 46.082 million to 46.019 million in 2025.
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Trump's economic policy: "Domestic tariffs could cost Germany more than one percent of GDP growth"
The trade conflict launched by US President Donald Trump could cost thousands of jobs in Germany. Prof. Enzo Weber, Institute for Labour Market and Occupational Research, recommends at WORLD TV: "We have to respond positively, for example, to strengthen free trade with other countries.
·Dortmund, Germany
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Community Diagnosis - Economic Research Institutes Reduce Forecast for this Year to 0.1 Percent
Leading economic research institutes in Germany are expecting an almost stagnant economic development this year. The new joint diagnosis predicts an increase in gross domestic product of 0.1 percent. In autumn, the institutes had expected an increase of 0.8 percent.
·Germany
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Total News Sources87
Leaning Left10Leaning Right7Center21Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 26%
C 55%
R 18%
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