DW's Gerhard Elfers talks to André Wolf, Hamburg Institute of International Economics, about the latest twists in the US-China trade spat, including Beijing's announcement to lower import tariffs for cars and auto parts.
Government consultations between Germany and China in Berlin on Monday aim to send a signal of closer bilateral cooperation in light of a worsened trade spat with the US. But some hurdles have yet to be overcome.
A lobby group for the German car industry has said it expects car production and new registrations to increase again in 2018. Its optimistic forecast came despite concerns over current trade frictions with the US.
Despite reciprocal tariffs being imposed by the US, China and the EU, many economists think there is still only the threat of an all-out trade war. So what happens if tensions escalate further?
US President Donald Trump has taken actions to redress what he says are unfair trading relationships with Europe, China, Canada and Mexico. DW takes a look at what he has done and how those affected have responded.
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