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DW Business (02/22/2016)
The IMF has cut its global economic forecast for 2018 and 2019, citing above all rising import tariffs between the US and China. A fall in trade volumes and manufacturing orders could hit Germany particularly hard.
President Donald Trump's delay of his decision on punitive tariffs shows he is not interested in settling the dispute. He is simply addicted to attention and needs a stage. That's dangerous, says Bernd Riegert.
German Chancellor Merkel and Chinese President Xi may strive to champion global free commerce and present a united front against US President Trump's protectionism. But all is not well between the two trade partners.
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