Germany faces economic pressure from US tariffs and domestic antitrust action

Germany is dealing with significant economic challenges from two directions. New tariffs announced by Trump are impacting German exports to the US, with a study suggesting they, along with the Covid pandemic and the war in Ukraine, have cost Germany's economy $1 trillion. German business leaders are calling for policy stability from the US.

Separately, Germany's national competition authority, the Bundeskartellamt, has taken action against Amazon. It has banned the company from using certain price-control tools on its marketplace platform and has fined Amazon at least 59 million euros.