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


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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