Trade Tensions Take a Toll on Germany’s Economy

Germany slashed its economic growth forecast, invoking a shortage of skilled workers at home and global trade tensions aboard, a fresh sign that the European powerhouse is increasingly vulnerable to U.S.-China trade disputes.

Germany’s decadelong economic upswing is projected to continue because of strong domestic demand, but the world’s third-largest exporter of goods—after China and the U.S.—is becoming more exposed to the unfolding trade dispute between Washington and Beijing, the government said.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte