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Germany Faces 9.4% Export Drop Amid U.S. Tariffs

2/6/2026

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Summary

Story summary

In 2025, German exports to the United States fell 9.4% to €136 billion due to tariffs under U.S. President Donald Trump.
Overall exports rose 1% in 2025, driven by a 4% increase in trade with other EU countries.
Germany's government, led by Chancellor of Germany Friedrich Merz, aims for 1% growth in 2026, pursuing policies to boost competitiveness and investment, including arms production and infrastructure, with Merz expressing optimism.

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Story summary

In 2025, German exports to the United States fell 9.4% to €136 billion due to tariffs under U.S. President Donald Trump.
Overall exports rose 1% in 2025, driven by a 4% increase in trade with other EU countries.
Germany's government, led by Chancellor of Germany Friedrich Merz, aims for 1% growth in 2026, pursuing policies to boost competitiveness and investment, including arms production and infrastructure, with Merz expressing optimism.