SAP, Europe's biggest tech company, hurt by trade war

Second quarter profits plunge.
SAP, Tech, Trade, Business, Europe, Germany, US, China, Trade war, Finance, Money

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Berlin, Germany as seen from the Berlin Cathedral. Photo credit: Ben Mack

A global trade war is hurting the bottom line of Europe's biggest tech company.

Germany's SAP has reported a 21% drop in second quarter profits compared to 2018. 

If the trade war heats up, profits may tumble further.

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