Engineering Firms In Germany Are Facing Declining Orders Due To Tariffs Uncertainties

German engineering firms are facing a decline in orders, largely driven by tariff-related uncertainties, particularly with the United States. In June 2025, engineering orders dropped 5% year-over-year, with both domestic and foreign demand falling by the same percentage. This was attributed to trade tensions, notably a 15% U.S. tariff on EU goods, which has created

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