Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
PRICING
SUBSCRIBE
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
No Result
View All Result
Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
  • Trends

Home » Business » Tariff-hit German exports to the US decline sharply, analysis finds

Tariff-hit German exports to the US decline sharply, analysis finds

December 22, 2025
in Business
Reading Time: 1 min read
6.3 million people work for low wages in Germany

FILED - Coins of various euro denominations are scattered on a table, including one and two euro and cent pieces. Photo: Fernando Gutierrez-Juarez/dpa

BERLIN (DPA, CONVERSEER) – German exports to the US declined sharply in the first three quarters of 2025 as a result of significantly increased tariffs, according to an analysis published on Monday.

The German Economic Institute (IW) said the automotive, chemical and mechanical engineering sectors were particularly affected.

The value of exports to the US fell by 8% compared with the same period last year, the institute said.

By contrast, exports across the Atlantic had increased by an average of 5% per year between 2016 and 2024.

Almost 70% of the decline in exports was attributable to the automotive, chemical and mechanical engineering sectors.

The automotive industry took the hardest hit, as exports of passenger cars and car parts fell by around 15% in the first three quarters.

READ ALSO: Researchers survey gloomy outlook among most German companies

One important reason for the decline in mechanical engineering exports is the particularly high US tariffs on steel and aluminium. These tariffs currently stand at 50%.

In the chemical sector, the IW said lower production levels in Germany, partly due to higher energy prices, also likely contributed to the decline in exports.

Tags: GermanyUnited States

RelatedNews

Ogoja Foods: Santuscom Seals N5bn Partnership Deal with UK Firm to Drive Export Expansion
Business

Ogoja Foods: Santuscom Seals N5bn Partnership Deal with UK Firm to Drive Export Expansion

October 5, 2026
FG approves upgrade of Calabar port, others
Business

FG approves upgrade of Calabar port, others

September 27, 2026
Fire razes SPAR Calabar Mall, destroys shops, goods
Business

Each SPAR Calabar Mall fire victim to get ₦25 million from FG

September 5, 2026
HBM Nigeria commissions high-capacity CNG station in Cross River State
Business

HBM Nigeria commissions high-capacity CNG station in Cross River State

September 2, 2026
IPMAN Eastern Zone Backs Obi, Rejects Parallel Leadership in C’River
Business

IPMAN Eastern Zone Backs Obi, Rejects Parallel Leadership in C’River

August 13, 2026
CBN removes affidavit for dormant accounts, tightens banking rules
Business

Nigerian Banks Remain Strong and Secure as Global Cyber Campaign Sweeps Across Sectors and Continents Nigerian

August 5, 2026
Next Post
Syrian arrivals in Germany nearly halved since al-Assad was ousted

Charges brought in Germany over alleged torture in Syrian prison

German cyclist Steinhauser improving after Lyme disease hits him hard

German cyclist Steinhauser improving after Lyme disease hits him hard

Latest News

C’River Consultative Forum thanks Tinubu, Otu for Ekpo’s appointment

C’River Consultative Forum thanks Tinubu, Otu for Ekpo’s appointment

October 14, 2026
Cross River flags-off electric vehicle repairs training for 1,000 youths

Cross River flags-off electric vehicle repairs training for 1,000 youths

October 14, 2026
INEC Final List: Zana League slams Odok over Akpagu, questions his interpretation of Electoral Act

INEC Final List: Zana League slams Odok over Akpagu, questions his interpretation of Electoral Act

October 14, 2026
Orok Duke urges Nigerians to document local history, sets to present 5 new books

Orok Duke urges Nigerians to document local history, sets to present 5 new books

October 13, 2026
Applications Open for NDDC 2026/2027 Local Postgraduate Scholarship

Applications Open for NDDC 2026/2027 Local Postgraduate Scholarship

October 12, 2026

Topics

  • Latest News
  • Nigeria
  • Africa
  • Europe
  • Asia
  • Americas
  • United States

Social Media

  • WhatsApp
  • Facebook
  • X (Twitter)
  • YouTube
  • LinkedIn

Special Topics

  • Column
  • Bassey Otu
  • Bola Tinubu
  • Special Reports
  • Profile & Biography
  • Opinion
  • Latest News
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.

No Result
View All Result
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.