German inflation was confirmed yesterday to have reached its lowest level since April 2018, at 1.3%. This is down by 0.2% from February’s 1.5%.
Meanwhile, the US and EU seem set to move forward on trade talks. France’s Emmanuel Macron had raised objections, as the US is no longer a signatory of the Paris Agreement, but has now been overruled by the rest of the EU27.
The EU hopes that talks will focus solely on industrial tariffs, leaving aside more contentious subjects like agriculture. However, increasingly critical Tweets from Donald Trump, describing the EU as a ‘brutal’ trading partner, hint that the process may not be easy. A few days previously, he threatened to put tariffs on $11 billion of EU goods.
