China and Eastern Europe have been “dumping” steel onto the EU market at rock bottom prices. EU steelmakers are calling for higher tariffs. An entire industry is barely scraping by due to low profit margins.
Despite the threat of a trade war between the EU and US, goods slapped with tariffs only make up a small percentage of total trade between the two sides. DW looks at the US's trading relationship with the EU and Germany.
American-German businessman Martin Richenhagen is far from happy about the Trump administration's aggressive trade policies. "We are surprised on a daily basis by strange initiatives," he told DW.
China is "one of the most restrictive economies in the world," concluded a recent survey by the EU Chamber of Commerce in China. The chamber's president tells DW about European firms' challenges in doing business there.
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