Global logistics giant DHL is restricting parcel services from Germany to the United States due to new tariff regulations imposed by the Trump administration, the Germany-based company said on Friday.

DHL said on Friday Deutsche Post and its German parcel service would suspend the shipment of standard parcels for businesses to the U.S. in line with similar moves by European peers deterred by looming U.

German postal services group DHL said Friday that it would suspend the shipment of standard parcels for businesses to the United States, in line with similar moves by European peers deterred by looming US customs duties for low-value packages.

GDP fell 0.3% on quarter in the three months to the end of June, with industry faring worse than anticipated as U.S. tariffs hurt exports.

The German economy, which has been shrinking for two years now, showed its worst gross domestic product (GDP) figures in the second quarter, data in the Federal Statistical Office’s preliminary report released on Friday has revealed.

Europe's largest economy has shrunk, with industrial production and construction weaker than first thought. Meanwhile, Berlin is being urged to recognize a Palestinian state. Follow DW for the latest.