Business climate in German auto industry plummets in May as tariffs take toll Related news

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Berlin - 'The confusion surrounding the US tariffs is causing problems for the automotive industry in Germany,' expert says BERLIN/ISTANBUL The business climate in Germany’s automotive sector continues to deteriorate amid rising uncertainty over potential US tariffs, according to data released Tuesday by the Munich-based ifo Institute for Economic Research. The ifo Business Climate Index for the German auto industry dropped to minus 31.8 points in May, down from minus 30.7 in April, marking a

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