Published by Global Banking & Finance Review®
Posted on April 14, 2025
1 min readLast updated: January 24, 2026
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The German economy ministry warns of high uncertainty in exports due to US tariffs, with no demand recovery expected and further weakening of industrial production.
BERLIN (Reuters) - German exports and industrial production are both in line for considerable headwinds as a result of U.S. President Donald Trump's tariff policies, the German economy ministry warned on Monday in its monthly report.
"Due to the U.S. tariff policy, uncertainty about the development of German export trade is currently exceptionally high," the report for April said, adding that there was no recovery in demand expected amid rising protectionism.
On industrial production, the report said "a renewed, noticeable weakening" was expected in the coming months as tariffs add pressure on top of declining order books.
(Writing by Rachel More, Editing by Miranda Murray)
The article discusses the impact of US tariff policies on German exports and industrial production.
German exports face high uncertainty and challenges due to US tariffs, with no recovery in demand expected.
A noticeable weakening in industrial production is expected due to added pressure from tariffs.
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