DIHK says volatile trade policies pressured German exports in July
Volker Treier at DIHK said volatility in trade policies directly caused a July setback for German exports. Exports fell 0.8% on the month after five months of increases, alongside weak global demand and stronger Chinese competition.
Volatile trade policies were directly behind the setback in German exports in July, Volker Treier of the DIHK Chamber of Commerce and Industry said. 8% on the month after five months of increases. Treier also cited a relatively weak global economy and an immense surge in Chinese competition.