German Factory Orders Rose Even After US Tariff Announcement (1)

German factory orders kept rising after President Donald Trump’s announcement of US reciprocal tariffs, defying expectations for a setback.

Demand increased 0.6% in April from the previous month, while economists had predicted a 1.5% decline in a Bloomberg survey. Without large-scale orders, they were still 0.3% higher, the statistics office said Thursday.

The unexpected increase is due to “substantial growth” in demand for computer, electronic and optical products, Destatis said. Orders for aircraft, ships, trains and military vehicles “also had a positive effect.”

The data add to evidence that the full impact of Trump’s tariffs has yet ...