The German economy shrank by 0.3% in the second quarter compared with the previous three-month period, official data showed Friday, a significantly worse showing than was initially reported as tensions with the U.

Germany's economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the United States slowed following months of buying ahead in anticipation of U.

Though the United States and European Union clinched a deal at the end of July to avert a full-blown trade war, uncertainty around its implementation is hitting German exporters.