Norbolsa | German economic institutes last week downgraded growth expectations for the German economy to 0.1% in 2025 from 0.8% expected in September, when considering Trump’s tariffs on steel, aluminium and cars. The tariffs announced on April 2, but suspended on Wednesday, could further drain the German economy and lead to a third consecutive year of contraction, the institutes said, although they did not include them in their economic projections….

Bankinter | February’s Trade Balance and Industrial Production, not yet affected by the new tariff environment. (i) Industrial Production -down 4.0% in February against the 3.6% drop estimated and 1.6% previous. (ii) Trade balance €17.7 billion against €18.5 billion estimated and €16.2 billion previous (revised from €16 billion). Exports up 1.8% month-on-month versus 1.5% estimated and 0.0% previous (revised from 2.5% down). Imports up 0.7% month-on-month against the 0.4% drop…