The Growth is set to drop to around 2.7 percent in 2025 if President Trump goes through with his plans to impose new tariffs. With no new tariffs, growth would likely reach 3.2 percent as in the previous year. The US economy is heading for growth of just under 2.5 percent (2.4 percent) next year. New tariffs from the United States could well cause a slump in growth in the EU with individual countries sliding into recession. Germany is still grappling with low global demand and maintaining its appeal as a business location. The BDI expects economic output to stagnate this year.