Core Viewpoint - Multiple major German economic research institutions have released autumn forecast reports indicating that Germany's economic growth will only be 0.1% to 0.2% in 2025, which is lower than the summer forecast due to factors such as U.S. tariff policies [1] Economic Performance - The German economy remains sluggish, characterized by insufficient demand in manufacturing and services, ongoing weakness in the construction sector, and a slow recovery in personal consumption [1] Impact of U.S. Tariff Policies - The ongoing U.S. tariff policies continue to impact German exports significantly, exacerbating the downward pressure on the German economy [1] - Although the EU and the U.S. have reached a new agreement regarding tariff disputes, the vague content of the agreement and the largely unchanged tax rates mean that the adverse effects on the German economy are unlikely to be alleviated [1]