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German industries cite tariffs and market distortions
The German Chamber of Industry has warned of a deterioration in Germany's industrial sector, which is losing around 15,000 jobs per month due to factors such as American tariffs, distortions in the Chinese market, and a loss of competitiveness. The executive director of the association emphasized that the sector could regain momentum if the investment environment improves and competitiveness is strengthened, especially as industry shifts toward artificial intelligence and leverages the benefits of industrial production. She pointed out that current challenges require creating favorable conditions for investment, and that Western trade policies and market distortions are adding pressure on Germany's industrial position, which comprises about 100,000 companies and employs over 8 million people.
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