Germany Just Logged The Worst Annual Growth In 6 Years (While Posting An Eighth Straight Budget Surplus)

Lest anyone should forget just how damaging the trade war has been for the global economy on a day when the Trump administration took an ostensibly important step towards deescalating hostilities with China, note that Germany just capped off its worst year in six. The world's fourth-largest economy is, at least according to the latest available data, still mired in the deepest manufacturing slump in recent memory. On Wednesday, the statistics office said that according to preliminary calculatio