Browsing Tag
Trade
280 posts
Yasmin Fahimi Re-elected Leader of German Trade Union Federation
Yasmin Fahimi has been re-elected as the chairwoman of the German Trade Union Confederation (DGB). During the DGB’s…
German Exports Rose But US Sales Plunge Mixed Signals for Trade
According to preliminary results released by the Federal Statistical Office (Destatis), German exports increased by 1.9% and imports…
IW Urges EU to Strengthen Trade Ties with Gulf States Despite Middle East Conflict
According to a study conducted by the Institute for German Economics (IW), the European Union should strengthen its…
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…
BASF Demands EU Tougher Stance Against China’s Unfair Trade Practices
BASF CEO Markus Kamieth has urged the EU to confront China’s unfair trade practices. Speaking to “Focus” Kamieth…
Trade Union Leader Rejects Expansion Of Temporary Contracts On Innovation Grounds
Yasmin Fahimi, the chairwoman of the DGB (German Trade Union Confederation), has rejected a proposal made by SPD…
German Export Expectations Bounce Back Showing Improvement in Trade Sentiment
The German export economy has shown a slight improvement in sentiment. The Ifo exporter expectations rose in April…
Major Raids Uncover Tax Fraud and Theft in Pallet Trade Across Eight German States
Officers from the State Criminal Police Office of Saxony, in collaboration with the Leipzig Tax Investigation Department and…
Germany Rejects Shield Clauses in US Trade Deal Amendments
The German federal government has taken a stance against several proposed amendments put forward to the European Parliament…
Merz Backs African Union Free Trade Deal Boosting EU Trade Ties
During his visit to Berlin, CDU politician Friedrich Merz advocated for establishing a free trade agreement with the…
German Exports Rise February Shows Strong Trade Performance
German exports in February 2026, when adjusted for calendar and seasonal variations, rose by 3.6 percent compared to…
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…
Trade Union Backs Dropping Food VAT Rate
During the current debate surrounding tax reform, the DGB is advocating for the elimination of the reduced value-added…
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…
EU Australia Agree Landmark Free Trade Deal in Canberra
After years of negotiations, the European Union and Australia have agreed on a free‑trade agreement. The final text…
Survey: Majority Want Oil Embargo Against Russia Held While 36 % Germans Support Trade Restart
Thirty‑six percent of Germans say they would like to allow the export of Russian oil again overall, while…
WTO Chief Warns of Biggest Trade Crisis in 80 Years
The director general of the World Trade Organization, Ngozi Okonjo‑Iweala, warns that global trade is currently in its…
US Trade Expert Says Iran War Is Not a Threat to Global Economy
Adam Posen, a U.S. trade expert and president of the Peterson Institute for International Economics in Washington, DC,…
Trump Receives Copy of Historic Prussian Trade Deal From Chancellor Merz During White House Visit
During his visit to the White House, Chancellor Friedrich Merz (CDU) presented U.S. President Donald Trump with another gift. Merz…
German Gas Prices Could Spike to €2.60 As Trade Expert Warns of International Pressure
Considering the international situation, trade expert Gerrit Heinemann from the University of the Lower Rhine warns that gasoline prices…
Germany Hopes Trump Delivers Clear Stance on Trade, Ukraine, and NATO Commitments
Before Chancellor Friedrich Merz (CDU) was received by President Donald Trump at the White House, the German government is hoping for a clear…
German Government Names New Trade Economist to Join Expert Council Following Ulrike Malmendier Exit
The German federal government is expected to name a successor for economist Ulrike Malmendier on Wednesday. According to the…
EU Commission to Temporarily Implement Mercosur Trade Deal
On Friday, European Commission President Ursula von der Leyen announced that the Commission will move forward with a provisional implementation of…
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 Chancellor Merz Urges Stronger Trade Balance With China During Beijing Visit
German Chancellor Friedrich Merz, a member of the CDU, urged a reduction of Germany’s widening trade deficit with China.…
Schweitzer Warns Germany Against Overly Aggressive Trade Policy Toward China Ahead of Merz Trip
Shortly before Chancellor Friedrich Merz (CDU) was set to travel to China, Rhineland‑Palatinate premier Alexander Schweitzer (SPD) warned against too…
Economist Urges Merz to Call Out China’s Unfair Trade Practices in Talks With Xi
Economist Michael Hüther has urged German Chancellor Friedrich Merz (CDU) to make clear statements during his talks with…
Transatlantic Coordinator Sets Conditions For New US Trade Deal, Demanding Tariff Protection
Metin Hakverdi, the German government’s Transatlantic Coordinator, has outlined strict conditions for any new trade agreement with the…
EU Halts Ratification of US Trade Deal Amid Ongoing Negotiations
Bloomberg reports that the European Union appears to intend to halt, at least for the time being, the…
Klingbeil Says US Trade War Continues Despite Supreme Court Ruling
Bundesfinanzminister Lars Klingbeil (SPD) does not expect the Supreme Court’s customs ruling to permanently ease the trade dispute…
Trump Unveils 10% Global Tariff Surcharge Amid Supreme Court Trade Clash
In light of the U.S. Supreme Court’s decision to strike down a large portion of the tariffs imposed…
DAX Flat as Iran Tensions Shadow Morning Trade
The German stock market index, the DAX, opened on Friday morning almost unchanged. By 9:30 a.m. local time the…
China Reigns as Germany’s Top Trade Partner with €251.8 Billion Trade Volume in 2025
Germany’s foreign‑trade turnover with China reached €251.8 billion in 2025, making China the country’s top trading partner for the…
SPD Urges EU to Join CPTPP Pacific Trade Bloc
Bernd Lange, chairperson of the EU Trade Committee and member of the SPD, has urged the European Union to…
EU and UK Target New Trade Deals by Summer
The European Union and Britain are planning to renegotiate their relationship quickly. Both sides agree to hold a…
German Trade Association Endorses EU Probe Into Shein and Urges Decisive Action
Alexander von Preen, president of the German Retail Association (HDE), praised the European Commission’s proceedings against the fast‑fashion…
Greens Slam Merz’s EU Carbon Trade Overhaul Plans Warn of Market Weakening
Franziska Brantner, co‑chair of the Greens, rejected Chancellor Friedrich Merz’s proposal to overhaul the EU’s existing CO₂‑emission trading system and,…
EU Summit Grimm Backs Merz in Clash with Macron over Trade Policy
Veronika Grimm, Germany’s economic spokesperson, strongly endorsed Chancellor Friedrich Merk ( CDU)’s economic strategy amid the dispute with France over…
German Exports Up 4% in December and China Surpasses USA as Top Trade Partner
In December 2025 German exports rose by 4.0 % and imports by 1.4 % on the basis of calendar‑ and seasonally…
German Federal Government Grants €14.5 Billion in Export Credit and Investment Guarantees for 2025 International Trade and Investment Deals
In 2025 the German federal government provided export‑credit and investment guarantees that covered €14.5 billion of export transactions and…
66% of Germans find Free Trade Expansion benefits Europe 17% caution 17% uncertain
A recent survey by Infratest of 1,319 German voters for ARD, run from Monday to Wednesday this week,…
Trump Talks With Xi About Global Issues and Trade Deal
Donald Trump said he had an “extensive” phone conversation with Chinese President Xi Jinping. He told reporters that the two…
Trump Announces Trade Deal With India As Modi Agrees to Shift Oil Purchases From Russia To USA And Venezuela
Donald Trump stated that he had reached an agreement with Indian Prime Minister Narendra Modi on a new…
VW and Mercedes CEOs Celebrate India EU Trade Deal With Gradual Auto Tariff Cuts
The CEOs of Volkswagen and Mercedes, Oliver Blume and Ola Källenius, welcomed the trade agreement between India and the EU,…
EU and India Finalize Historic Trade Deal Strengthening Economic Ties
The European Union and India have concluded negotiations on a free‑trade agreement, the EU Commission announced on Tuesday.…
EU-India Trade Deal Could Boost EU Economy by Billions
The planned trade agreement between the EU and India is expected to generate significant welfare gains, according to…
Greens Push EU to Expand Trade Deals with India Amid Mercosur Blockade
Despite the recent blocking of the Mercosur agreement by the Greens in the European Parliament, Katharina Dröge, the…
EU India Deal Could Double Trade German Exports to India Jump 40% China Exports Drop 15%
German exports to India have surged by almost 40 % since 2019, while shipments to China have slipped by…
EU Trade Committee Chair Warns Monday Tariff Vote on US Goods Could Fail
The chair of the EU Trade Committee, Bernd Lange of the SPD, voiced doubts about whether the EU will…
Green Party Pushes for New Trade Deals After Mercosur Standoff
Following the controversy over the Green Party’s vote on the Mercosur agreement in the European Parliament, the party…
Green Party Criticizes Its MEPs After Mercosur Vote, Demands EU Trade Deal Review
The German Greens criticised the decision of their European Parliament colleagues to let the Mercosur trade agreement be…
US Stocks Slide Sharply Amid Rising Trade Conflict Fears
U.S. stock markets gave up considerably on Tuesday. At closing in New York, the Dow traded at 48,488…
German Exports to the US Plunge as US Tariff Policy Weighs on Trade
The total exports and imports between the EU and the United States from 1998 to 2025 were listed in…
Germany Considers Activating Trade Bazooka in Greenland Conflict with U.S.
Chief Minister Friedrich Merz, the incumbent German Chancellor, has so far refrained from announcing any concrete counter‑measures, indicating a cautious…
Sepp Müller Demands Tough EU Response to Trump Trade Threats Over Greenland
He added that there should be export and investment restrictions against the United States, and that the EU…
Lula Hails Historic Trade Deal
Brazilian President Luiz Inácio Lula da Silva has heralded the impending trade agreement between Mercosur nations and the…
Germany’s Trade Gap with China Soars
German Economy Faces Record Trade Deficit with China, Raising Political Tensions Calculations from the Institute for Economic Research…
Germany Seeks EU-India Trade Deal
Germany’s foreign trade association, the BGA, is championing a burgeoning economic partnership with India, positioning a prospective free…
Trade Deal Boosts Europe’s Exports
The European Commission President Ursula von der Leyen has hailed the imminent ratification of the Mercosur trade agreement…
EU Nears Trade Deal With South America
European Union member states have tentatively paved the way for a landmark free trade agreement with Mercosur nations…
US Trade Uncertainty Slows Global Commerce
The global trading system faces unprecedented uncertainty and a potential contraction in the coming year, largely attributed to…
Trade Deal Delayed Until 2026
Sources within the European Union, speaking off the record during the recent EU summit in Brussels, have indicated…
Trade Shifts Germany Sees Export Gains Import Declines
October’s trade data released by Destatis, the German Federal Statistical Office, paints a complex picture of Germany’s economic…
Dax Opens Higher Trade Slows
30 am – a 0..4% increase from Thursday’s closing level. However, the underlying sentiment remains muted, shaped significantly…
AfD Divided Over Trade Deal
Internal divisions are fracturing the AfD parliamentary group as they grapple with a stance on the controversial EU-Mercosur…
Trade Uncertainty Damps Investment Outlook
A looming shadow of uncertainty in global trade policy is prompting a significant downgrade in investment forecasts and…
China Overtakes US as Germany’s Top Trade Partner
Germany’s trade relationship with China has swung back in Beijing’s favor, with China once again surpassing the United…
Europe Urges China Trade Action
Pressure is mounting on German Vice Chancellor Lars Klingbeil to adopt a more assertive stance regarding unfair Chinese…
Germany Eyes Future Trade with Russia
The Saxon state premier, Michael Kretschmer of the Christian Democratic Union (CDU), has ignited a fierce debate within…
Trade Republic Faces Rising Customer Complaints
Consumer criticism of the German neobroker Trade Republic is escalating, according to the Verbraucherzentrale Bundesverbands (VZBV), raising questions…
US EU Trade Deal Lacks Binding Force
The German government has cast doubt on the legally binding nature of the recently announced trade agreement between…
Dax Trade Starts Flat Ahead of US Inflation
German markets opened marginally unchanged Friday, with the DAX index hovering around 24,225 points – a slight uptick…
Trump Halts Trade Talks With Canada
The United States is poised to escalate trade tensions with Canada after President Donald Trump announced the cessation…
Trump Trade Threat Spurs EU Action
The European Parliament is poised to significantly alter the terms of its recently agreed-upon tariff agreement with the…
Germany Eyes Trade Talks in China
Germany’s Foreign Minister, Johann Wadephul, is embarking on his inaugural visit to China next Sunday, accompanied by a…
Merz Pushes for EU-Only Trade Deals
The German government, under Chancellor Friedrich Merz of the Christian Democratic Union (CDU), is intensifying its push for…
German Firms Still Trade Billions With Russia
Despite stringent EU sanctions imposed following Russia’s invasion of Ukraine, German businesses have continued to engage in substantial…
Stocks Rise Amid Trade Tensions
The German stock market opened Monday with gains, attempting to rebound from a significant Friday slump that has…
Stocks Plunge Amid Trade War Fears
The US stock markets experienced a sharp downturn Friday, signaling escalating tensions in the ongoing trade conflict with…
Trade Tensions Auto Steel Clash
A growing rift is emerging within German industry as the automotive and steel sectors lobby the government regarding…
EU Indonesia Trade Deal Reached
The European Union and Indonesia have concluded negotiations on a comprehensive Economic Partnership Agreement (EPA), as announced by…
German US Trade Surplus Plummets
Germany’s trade surplus with the United States has significantly diminished, reaching its lowest level for the first seven…
SPD Calls for EU Trade Deal Review
A prominent group within the German Social Democratic Party (SPD), known as the Seeheimer Kreis, is calling for…
German Industry Fears Trade Barriers
The German engineering federation, the Verband Deutscher Maschinen- und Anlagenbau (VDMA), has cautioned about the repercussions of ongoing…
Trade System Resilient Says WTODirectorGeneral
Despite ongoing shifts, the rules-based global trading system remains robust, according to World Trade Organization (WTO) Director-General Ngozi…
EU Advances Trade Deals With Mercosur and Mexico
The European Commission has submitted proposals to the Council for the signature and conclusion of both the EU-Mercosur…
EU Leader Warns Trump Using Military Power For Trade
Manfred Weber, head of the European People’s Party (EPP), has characterized a recent EU trade deal with the…
Germany’s Global Trade Share Declines
Germany’s share of key global markets and critical industries has been steadily declining over the past decade, according…
Von der Leyen Defends Trump Trade Deal
European Commission President Ursula von der Leyen has defended a recently reached customs compromise with U.S. President Donald…
Farmers Fear EU-US Trade Deal Impact
European farming organizations have voiced concerns regarding the potential ramifications of a recently proposed trade deal between the…
German Trade Hopes Lift Shares Slightly
European markets experienced modest gains on Thursday, with the DAX closing at 24,293 points, a rise of 0.1…
US and EU Announce New Trade Framework
The European Union and the United States have released a joint statement outlining a framework for future transatlantic…
German Economy Reliant on Red Sea Trade Route
Approximately ten percent of all imports to Germany arrive by sea via the Red Sea – encompassing the…
Tariffs Take Effect Trade Tensions Rise
Increased tariffs imposed by the United States, initially announced some time ago, went into effect early Friday morning.…
EU Calls for Trade Boost Amid US Tariff Threat
Ahead of the imminent implementation of new US tariffs on EU exports, German Minister for Economic Affairs, Katherina…
Trump Trade Deal Sparks Consumer Concerns
Consumer advocacy groups are raising concerns regarding potential repercussions stemming from the recently agreed-upon customs accord between the…
EU-US Trade Deal Sparks Outrage
A leading figure within Germany’s Left Party has strongly condemned the recently agreed customs agreement between the European…
Stocks Slip Amid Trade Tensions
US stock markets experienced a downturn Thursday, concluding a day of trading with losses across major indices. At…
Trade Talks Reopened Call
A senior figure within the European Union’s governing body has voiced concerns regarding the recently concluded EU-US trade…
Merz Talks Trade With Philippines
Berlin and Manila have reaffirmed the strength of their bilateral relationship following a telephone conversation between German Chancellor…