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German economic sentiment plummets to a 21-month low, driven by US trade policy concerns.
German economic sentiment hit a 21-month low in April, falling to -14 points, down from 51.6 in March, due to concerns over US trade policy.
This downturn affects export-heavy industries like automotive and chemicals.
Despite poor data, European stock markets rose, and financial experts do not foresee a significant inflation risk, potentially allowing the ECB to cut interest rates to support the economy.
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El sentimiento económico alemán se desploma a un mínimo de 21 meses, impulsado por las preocupaciones de la política comercial estadounidense.