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Germany and France’s growth DOWNGRADED by IMF as Trump tariffs take hold

GERMANY and France are to experience the worst economic slowdown among all major European economies over the next two years, the International Monetary Fund (IMF) said.

  • Alice Scarsi
  • Express

In a series of shock downgrades in its newly published economic outlook for 2018, the IMF sees Berlin and Paris’ economy growth predictions shrink by 0.3 percent by the end of this year.

Xape 3cBlaming the hefty tariffs on steel and aluminium exports imposed by US President Donald Trump, the IMF’s outlook reads: “Forecasts for 2018 growth have been revised down…

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