DIHK says German firms faced record pessimism before war

A DIHK survey found German firms faced record pessimism and trade barriers before the Iran war. Rising costs and US tariffs are making planning difficult.

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German companies reported a growing sense of pessimism regarding their international operations even before the onset of the conflict in Iran, according to data released by the German Chamber of Industry and Commerce (DIHK). The organization highlighted that mounting geopolitical risks and increasing trade barriers were already weighing heavily on corporate sentiment.

The evening skyline of Frankfurt's financial district features the prominent headquarters of Deutsche Bank, Germany's largest commercial lender.
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