German Growth Stagnates as Trump Trade War Starts to Bite



Jack Ewing | The New York Times

FRANKFURT — The once seemingly unstoppable German economy had the slowest growth of any eurozone country except Italy at the end of 2018, according to data published on Thursday that brought the impact of President Trump’s trade war into stark relief.

Germany’s economy did not grow at all in the year’s final quarter, and it barely avoided sliding into recession, the government statistics agency said.

One reason for the slowdown was conflict over trade. American tariffs are hurting German steel makers’ sales, and Germany is also experiencing collateral damage caused by a trade war between China and the United States.

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