German growth upgraded on pre-tariff export surge

Legit | 23-05-2025 08:10pm |

Germany's economy grew more than previously thought at the start of the year, as its exports surged before US President Donald Trump imposed sweeping tariffs, official data showed Friday. Germany's unexpectedly strong first-quarter growth contrasts with the performance of the US economy, which contracted at the start of the year amid an import surge triggered by Trump's tariff plans.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.