The role of weakening exports in Germany’s recent slowdown makes it tempting to pin the whole thing on trade tensions. But the slowdown began before Trump’s tariff threats and seems more likely to reflect softer demand from Asia and Emerging Europe, as well as the strength of the euro. Accordingly, we suspect that German export growth will slow further even if fears of protectionist measures ease.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services