Browsing Tag
Tariffs
177 posts
Trump Gives EU Deadline For Zero Tariffs On US Goods By Fourth of July
Donald Trump has set a deadline for the European Union, demanding that it lower all tariffs on American…
SPD Calls for Digital Tax Countermeasure Against US Tariffs
Sebastian Roloff, the spokesperson for economic policy within the SPD parliamentary group, has urged the European Union to…
DIW Urges EU Retaliatory Tariffs Against Trump Over US Trade Threats
Marcel Fratzscher, President of the German Institute for Economic Research (DIW), has urged the European Union to adopt…
US Tariffs Threaten German Economy Ifo Warns of Potential Recession
Slowing economic growth in Germany is being warned of the Munich-based Ifo Institute, particularly if the European Union…
Trump Slams EU Hikes Auto Truck Tariffs to 25 Percent Next Week
Donald Trump announced on Friday that starting next week, he will increase tariffs on cars and trucks imported…
Trump Threatens 50 Percent Tariffs on Nations Shipping Weapons to Iran
US President Donald Trump issued a warning on Wednesday, stating that any country supplying military equipment to Iran…
EU Free Trade Push Could Revitalize Economy Counteracting US Tariffs
The conclusion of ongoing EU free trade negotiations could stimulate the EU’s economy and offset the damaging effects…
U.S. Imposes Steep Tariffs on Prescription Drugs as Trump Seeks to Revamp Pharmaceutical Trade
President Donald Trump announced new tariffs on patented medicines and their components on Thursday, saying the White House…
German Economic Institute Urges Compensation Tariffs Against China to Counter Unfair Competition
In the effort to counter the growing dominance of the Chinese economy, the Institute for German Economic Research…
German Minister Urges Rapid Free‑Trade Agreements with Malaysia and Indonesia to Counter Trump Tariffs
German Economy Minister Katherina Reiche (CDU) is pressing for free‑trade agreements with Malaysia and Indonesia as a way…
Evonik Weighs Reclaiming US Tariffs Amid Trade Dispute
Evonik is weighing potential recoup claims amid the U.S. tariff dispute.Interim CFO Claus Rettig told the “Power and…
German Industry Groups Unswayed by Supreme Court Ruling on US Tariffs VDMA Praises Decision
The German Association of Machine Tools and Plant Engineering (VDMA) welcomed the Supreme Court’s ruling on U.S. trade…
Supreme Court Overturns Majority of Trump Tariffs as Unlawful
The U.S. Supreme Court on Friday struck down the bulk of the tariffs that President Donald Trump had imposed.…
House Votes to Remove Trump’s Canada Tariffs as Republicans Join Democrats for 219-211 Majority
The U.S. House of Representatives voted on Wednesday evening (local time) to repeal the tariffs that President Donald…
Yardeni Forecasts S&P 500 to Hit 10,000 by 2029 Despite Tariffs and Geopolitical Uncertainty Investors Urged to Hold US Shares
Despite tariffs and geopolitical uncertainties, investors should not be tempted to book early losses on U.S. equity markets,…
German Exporters Celebrate Trump’s Easing of Greenland Tariffs
The German export sector welcomed US President Donald Trump’s decision to ease tensions over the Greenland dispute. “It’s…
Trump Announces Settlement in Greenland Conflict – No Tariffs Imposed
President Donald Trump announced that the tariffs he had threatened to impose on February 1, in connection with a…
Rising Costs Lift Dementia Facility Fees as Inflation and New Tariffs Shrink Residents’ Budgets
Due to tariff increases in nursing care and inflation, the out‑of‑pocket costs for a nursing‑home place have risen…
US Stock Markets Surge as Trump Reverses European Tariffs
The U.S. stock markets reacted with a wave of relief on Wednesday after President Donald Trump announced that he…
German Economist Martin Werding Calls for Tough Tariffs on U.S. Over Trump’s Greenland Threat
He added that the customs debate is merely a secondary battlefield and that the EU, as the chief…
Greens Urge EU Alliance to Counter Trump Special Tariffs
The political spectrum’s varied responses illustrate a broader debate over Germany’s role on the world stage. While the…
Trump Threatens Tariffs EU Calls Emergency Summit
The European Union is scrambling to formulate a cohesive response to escalating trade tensions with the United States,…
Germany Greens Demand Firm Response to Trump Tariffs
The escalating Greenland crisis and the subsequent threat of punitive tariffs from US President Donald Trump are prompting…
AfD Slams Trumps Tariffs
The AfD, Germany’s far-right Alternative for Germany party, has unexpectedly voiced criticism of US President Donald Trump’s protectionist…
Germany Weighs Response to Trump Greenland Tariffs
The German government has responded cautiously to President Donald Trump’s unexpected announcement of impending tariffs targeting Denmark, Germany…
Trump Threatens EU With New Tariffs
The European Union is scrambling to formulate a robust response to former U.S. President Donald Trump’s recent threat…
Trump Targets Greenland Mission Nations With Tariffs
Donald Trump has announced sweeping tariff measures targeting several European nations and beyond, escalating tensions surrounding the contentious…
Trump Threatens Tariffs Over Greenland Opposition
The escalating dispute over U.S. ambitions for Grönland has taken a sharp turn, with President Donald Trump threatening…
Trump Targets Iran Allies With New Tariffs
The escalating tensions surrounding Iran’s nuclear program and ongoing domestic protests have ignited a political firestorm, revealing diverging…
US Tariffs Hit German Industry Unevenly
A stark geographical disparity in the economic impact of US tariffs on European goods is emerging, according to…
Trump Tariffs Hurt His Own Base
The economic policies championed by the current US administration, particularly its trade strategies, are increasingly inflicting damage on…
Germany Seeks Berlin Approval for Steel Tariffs
Brandenburg’s State Premier Dietmar Woidke is pressing for the swift implementation of proposed safeguard tariffs on steel imports,…
Steel Tariffs Target China
The German steel industry is demanding decisive action from Chancellor Olaf Scholz and his government during a crucial…
Stocks Surge Trump Tariffs Face Court
Market Performance Intertwined with Supreme Court Scrutiny of Trump-Era Tariffs US stock markets registered gains Wednesday, fueled by…
German States Demand Steel Tariffs
German states are pushing for aggressive tariffs on steel imports ahead of a critical meeting at the Chancellery,…
EU Steel Tariffs Needed
The escalating trade tensions between the European Union and China are intensifying, with the Premier of Saarland, Anke…
EU Considers Tariffs on Chinese Steel
The German government faces mounting pressure from within the center-right European Parliament to endorse the European Commission’s proposed…
EU Mulls Tariffs on Chinese Steel
The looming “Steel Summit” at the Chancellery is escalating calls from within the Christian Democratic Union (CDU) within…
US Tariffs Threaten Engineering Sector
The German engineering sector is bracing for a potentially devastating blow as the United States government prepares to…
US Tariffs Loom Over Europe
The ongoing US government shutdown is casting a long shadow over Europe, with leading economist Ulrike Malmendier warning…
US Tariffs Loom Over Europe
The ongoing US government shutdown is casting a long shadow over Europe, with leading economist Ulrike Malmendier warning…
US Tariffs Loom Over Europe
The ongoing US government shutdown is casting a long shadow over Europe, with leading economist Ulrike Malmendier warning…
EU Steel Tariffs May Boost German Output
The European Commission’s proposed safeguard measures on steel imports are poised to revitalize Germany’s steel industry, potentially restoring…
Stocks Slide Trump Threatens China Tariffs
The German stock market experienced a significant downturn Friday, triggering concerns about escalating geopolitical tensions and their impact…
Trump Slaps 100 Percent China Tariffs
The United States is poised to escalate its trade war with China significantly, with former President Donald Trump…
EU Raises Steel Tariffs
The European Commission has proposed a significant expansion of safeguard tariffs on steel imports, signaling a hardening stance…
EU Steel Tariffs May Soar
The European Commission is reportedly considering imposing a 50% tariff on steel imports exceeding specific quotas, according to…
Trump Tariffs Partially Ruled Illegal
A federal appeals court has ruled against certain tariffs imposed by former US President Donald Trump, finding they…
EU Plans Response to Trump’s New Tariffs
A leading figure in the European Parliament is calling for a robust response to recent threats of new…
German Engineers Slam New US Tariffs
German engineering firms are voicing concerns over newly imposed supplementary tariffs on imports into the United States. Despite…
Switzerland Eyes Closer Ties With EU After Trump Tariffs
A prominent Swiss publicist, Roger de Weck, suggests a potential shift in Swiss public opinion regarding the European…
US Tariffs Won’t Lower German Coffee Prices
Analysts predict German coffee consumers will not see price reductions despite recently imposed U.S. tariffs on Brazilian coffee.…
Trump Delays China Tariffs Another 90 Days
The United States has once again delayed the implementation of increased tariffs on Chinese goods. President Trump announced…
Car Industry Urges US to Cut Tariffs
The German automotive industry reports no discernible relief from the recently agreed-upon trade deal between the European Union…
Tariffs Take Effect Trade Tensions Rise
Increased tariffs imposed by the United States, initially announced some time ago, went into effect early Friday morning.…
Stocks Dip Trump Threatens Tariffs
US equity markets experienced a slight downturn on Tuesday, concluding a day of cautious trading. The Dow Jones…
German Retailers Push for Tariffs on Chinese Imports
The German retail association, the Handelsverband Deutschland (HDE), is calling for stricter measures against Chinese online marketplaces such…
Tariffs Threaten German Supplier Revenue
Following a recently reached trade agreement between the United States and the European Union, concerns are being raised…
Tariffs on Russia Looming Fast
The United States is accelerating the implementation of significantly increased tariffs on Russian trade partners, shortening the timeframe…
US Import Tariffs Set to Surge
Economists across Europe are forecasting a significant increase in customs duties on imports from the United States by…
US Tariffs May Trigger European Price Drops
Economist Ulrike Malmendier, a member of the German Council of Economic Experts, anticipates potential price decreases across Europe…
EU Considers Tariffs on Temu for Revenue
the implementation of tariffs on goods imported from China, particularly through online retail platforms.. Speaking to the Mediengruppe…
EU Fights Back Against US Tariffs
The European Union is preparing retaliatory measures in response to the United States’ announcement of impending tariffs on…
Germany Backs EU Counter Tariffs Against US
Following a recent announcement by US President Donald Trump regarding the imposition of a 30% tariff on EU…
EU Delays US Tariffs Until August
The European Union has decided to postpone the implementation of previously announced retaliatory tariffs in its trade dispute…
US Tariffs Threaten German Engineering
The German engineering sector is voicing serious concerns about the potential impact of proposed US tariffs on its…
Trump May Reverse EU Tariffs
Economists are anticipating that US President Donald Trump’s threat of a 30% tariff on EU goods, set to…
Trade Deal Hope Remains Amid Trump Tariffs
European Commission President Ursula von der Leyen expressed continued optimism regarding a resolution to the escalating trade conflict…
Stocks Mixed Amid Trump Tariffs
US equity markets presented a mixed performance on Thursday, closing with varied outcomes for key indices. The Dow…
Tariffs Weigh on US Markets
US markets experienced losses on Monday, impacting key indices and commodity prices. The Dow Jones Industrial Average closed…
Trump Delays Tariffs to August 1
The United States is extending the deadline for potential tariffs, shifting the implementation date to August 1st. White…
US Tariffs Hit German States Unevenly
A new study by the Ifo Institute has revealed a disparate economic impact of US trade policy across…
Dax Falls Investors Eye Tariffs
The German DAX index experienced a decline on Friday, closing at 23,787 points, a 0.6% decrease from Thursday’s…
German Industry in Free Fall if US Imposes New Tariffs.
A new trade package from the US is likely to particularly affect the German industry, according to simulations…
US Tariffs: German Automakers Pay Half a Billion Euros in April
A deal on US tariffs likely, says German auto industry head The head of the German Association of…
Trump’s Tariffs to Send German Stocks Crashing to Earth?
30 am, a 0.9 percent decline from the previous day’s close. Market analysts are attributing the decline to…
Steel Blow: Germany’s Exports to US to Plunge 35% as Tariffs Bite
German Steel Industry Bracing for Impact of US Tariffs A recent analysis by the Kiel Institute for the…
Trump’s Tariffs to Wipe Out 90,000 German Jobs?
The US President’s trade policies, according to the head of the German Federal Employment Agency, Andrea Nahles, have…
DAX in Free Fall as Trump’s Tariffs Loom
The German Dax index closed higher on Wednesday, with a 0.8 percent increase from the previous day’s close,…
TARIFF TERROR: US Steel and Aluminum Tariffs Send Global Markets Reeling
US Steel and Aluminum Tariffs Rise to 50 Percent, Affecting Global Trade As announced by US President Donald…
US Tariffs Wreak Havoc on German Carmakers
German Automaker Industry’s Business Climate Index Continues to Decline The German automobile industry’s business climate index, as measured…
Tariffs Trigger Market Panic
Financial Markets in Frankfurt Experience Early Losses on Monday The Frankfurt stock exchange opened the trading day on…
Tariff War Escalation Looms as Trump’s 50% Steel Tariffs Kick In
European Parliament’s Trade Committee Chairman, Bernd Lange, has called on the European Commission to impose retaliatory tariffs on…
Tariffs and Structural Woes Take a Toll
Chemical Industry’s Business Climate Deteriorates in May, Ifo Index Shows The business climate in Germany’s chemical industry has…
Market Mayhem: Stocks Soar, Then Stumble, as Trump’s Tariffs Face Uncertain Fate
Financial Markets Experience Volatile Trading, Ending in Positive Note US stock markets exhibited a mixed performance on Thursday,…
Tariffs Will Lose, Consumers Will Pay the Price
Henkel CEO Carsten Knobel Expects a Positive Resolution to the US Tariff Dispute Henkel’s CEO, Carsten Knobel, has…
BREAKTHROUGH OR ILLUSION? US Court Ruling on Trump Tariffs Sparks Hopes and Fears in Europe
Washington, D.C., March 2023 – The recent decision by a US federal court to largely lift the tariffs…
Trump’s Tariffs May Only Be the Beginning
A leading economic institute director has cautioned against misconstruing the recent court decision on the US tariffs as…
Mercedes Sees the US as a Growth Market, Despite Tariffs
Mercedes-Benz CEO Optimistic on US Growth, Despite Trade Tensions The head of Mercedes-Benz, Ola Källenius, remains optimistic about…
Tariffs Tumble: US Court’s Bombshell Ruling Brings Trump’s Global Trade War to a Screeching Halt
A US court has largely deemed the global tariffs imposed by President Donald Trump to be unlawful. The…
TRUMP FLIPS: Tariffs on EU Suspended at the Last Minute
Washington D.C. – In a sudden turn of events, US President Donald Trump announced a temporary delay of…
Germany’s Finance Minister Heads to Washington in a Desperate Bid to Avoid Tariffs
German Finance Minister Lars Klingbeil Remains Optimistic on EU-US Tariffs Despite recent statements from US President Donald Trump,…
US Tariffs Spark Fears of Economic Apocalypse for Germany
In a move that has sparked concerns, the German Federal Association of Wholesale and Foreign Trade (BGA) is…
Trump Unleashes 50% Tariffs on EU, ‘No More Free Ride’!
Washington, D.C. – In a surprise move, United States President Donald Trump announced on Friday that he is…
Commission Unveils Plan to Strengthen Single Market and Counter US Tariffs
EU Seeks to Simplify Trade Within the Bloc and Counter US Tariffs The European Commission is set to…
EU Considers Secondary Tariffs on Russia Imports to Boost Sanctions Pressure
The European Union is considering stricter sanctions and secondary tariffs, following the example of the United States, against…
DHL Sees Profit in US-China Trade War Tariffs
DHL Could Benefit from Trump’s Trade War and Tariffs, Says CEO The logistics giant DHL could potentially benefit…
Free Trade Over Tariffs
Bundeskanzler Friedrich Merz (CDU) plans to try and convince US President Donald Trump to abandon tariffs in favor…
US Tariffs Hit Auto Industry, Business Climate Plummets
The business climate index of the German automotive industry has slightly decreased in April 2025, falling to -30.7…
Dax Surges Amid Reporting Season, Postpones Punitive Tariffs Worries
The Dax remained in the green area on Wednesday after a friendly start until midday. At around 12:30…