Germany's export economy is struggling, with a 1.7% drop in September exports compared to August, amid rising global competition and high energy costs. Industrial production also fell sharply by 2.5%, raising concerns about the impact of potential US protectionism following Donald Trump's re-election. Economists warn that without swift political action, Germany faces a challenging economic outlook.
Germany's export economy is struggling, with a 1.7% drop in September exports compared to August, amid rising competition and high energy costs. Industrial production also fell sharply by 2.5%, raising concerns about the impact of potential US protectionism under Trump's re-election. Economists warn that urgent reforms are needed, but political instability following the collapse of the coalition government may hinder necessary actions.
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