Germany's Economy to Continue Recession Due to US Tariff Policies and Other Factors
The latest report released by the German Institute for Economic Research on the 13th states that the German economy is still in recession, predicting a 0.2% decline in Germany's economic output this year. Previously, the German economy had contracted for two consecutive years in 2023 and 2024. The report indicates that Germany is severely affected by the U.S. government's tariff policies and global uncertainties, with citizens remaining cautious when making large purchases.
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