Germany, Tariff
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The New York Times |
Olaf Scholz, Germany’s chancellor, stressed on Thursday that his country was counting on cooperation among the European Union members to defend their interests.
Bloomberg L.P. |
Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations.
U.S. News & World Report |
Countries across the world, including some of America's closest allies, condemned President Donald Trump's announcement of reciprocal tariffs and some pledged counter-measures while hoping the White ...
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Efforts to reform German debt brake could turn the country back into the locomotive of European growth, Desmond Lachman writes in a guest commentary.
The German economy will recover from its prolonged period of weakness very slowly, growing by only 0.2% this year, according to the new forecasts of Germany's banks' association, seen by Reuters on Wednesday.
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How will Germany's debt reform impact its stock and bond market?However, he also cautioned that the spending package would "do very little to improve the economy’s competitiveness" due to persistent structural challenges. The landmark fiscal reform is expected to reinvigorate Germany’s economy, which has contracted ...
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.
While the policy announcements would largely be beneficial, other fiscal and budget plans from the likely new coalition are still to come and could have their own impact on Germany's economy ...
The brake is a hangover from the era of Angela Merkel, who was chancellor from 2005 to 2021 and whose stewardship of the economy was vastly overrated. She made Germany beholden to Russian natural ...
Propelled in part by these issues (while also propelling them) is Germany’s urgent need to adjust its economic model away from the long-held emphasis on heavy manufacturing and exports.
Yet the calls for making a deal from the EU, the U.K. and Japan indicated a lack of appetite for escalating trade tensions with the world's biggest economy and fear that slapping tariffs on U.S. goods will only make things worse.