Trump threatens EU companies with sanctions - Chinese vice premier talks trade in Washington
The threat of steeper US tariffs on EU-assembled vehicles could lead to a global trade war. German automakers, which produce more vehicles in the US than they export there, are in the Trump administration's crosshairs.
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.
US President Donald Trump has threatened new tariffs on Chinese imports, raising fears of an escalating trade war. Trump threatened further sanctions should China — which accuses the US of "blackmail" — retaliate.
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.
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