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International Business Times
International Business Times
Business

Trump Tariffs Weigh On Germany As Institutes Cut Forecasts

Germany Donald Trump CDUCSU Economy Friedrich Merz SPD Europe The United States United States
A think-tank warned the United States' 'protectionist' policies would hit German growth (Credit: AFP)

Leading economic institutes Thursday slashed their 2025 growth forecast for Germany to near stagnation, warning Europe's struggling top economy will face extra pain from US President Donald Trump's tariff blitz.

The six think-tanks, in their latest joint forecast, now predict GDP growth of just 0.1 percent for 2025, down from the 0.8 percent expansion they forecast in September.

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