特朗普打压下，欧洲“双雄”失意

Group 1 - Germany's GDP contracted by 0.3% in Q2, worse than the previously estimated decline of 0.1% [3] - The automotive industry, a key sector in Germany, has seen a significant drop in employment, with nearly 7% of jobs lost due to weak exports to the US [3][8] - The new US tariffs are expected to reduce Germany's exports to the US by 20% to 25% over the next two years [4] Group 2 - EU exports to the US have sharply declined since April, following a peak of nearly 72 billion euros in March due to pre-tariff stockpiling [6] - The introduction of a 15% tariff on many EU goods has diminished the price competitiveness of German products in the US market, leading to an 8.6% drop in automotive exports and a 7.9% decline in machinery exports in the first half of the year [6][7] - The automotive sector has lost approximately 51,500 jobs in the past year, representing 6.7% of total employment in the industry [8] Group 3 - France's GDP grew by 0.3% in Q2, but the economic structure remains fragile with weak domestic demand and low new manufacturing orders [9] - The French government plans to cut public spending by 43.8 billion euros to reduce the budget deficit, which is projected to be 5.8% of GDP in 2024 [9][12] - A nationwide strike is planned in France starting September 10, opposing the government's budget cuts, which may distract from addressing tariff-related issues [12]