German SMEs' interest in U.S. market drops sharply: survey


By Shan WeiyiRao Bo

FRANKFURT, Feb. 9 (Xinhua) -- German small and medium-sized enterprises (SMEs) are showing a sharp decline in interest in doing business in the United States, with parts of the business community now holding negative views, a survey published on Monday showed.

U.S. tariffs are having a broad impact on German companies, with 12 percent reporting direct effects and 44 percent affected indirectly through customers and suppliers, according to a DZ Bank survey of more than 1,000 medium-sized firms.

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