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flag German exports dipped in August, hurt by U.S. tariffs, but trade surplus grew due to steeper import declines.

flag German exports fell 0.5% in August, missing forecasts, due to a 2.5% drop in shipments to the U.S., which declined for the fifth straight month and hit their lowest level since November 2021, largely due to new U.S. tariffs. flag Exports to non-EU nations rose 2.2%, led by a 5.4% increase to China, while imports dropped 1.3%. flag The trade surplus widened to €17.2 billion, driven by steeper import declines. flag Analysts cite ongoing trade tensions, a strong euro, and domestic factors like lower interest rates as key influences on Germany’s export performance.

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