German machinery companies are avoiding lucrative Iran market — they fear a US tariff backlash. That has knock-on consequences for German jobs.
The trade conflict between the US and the EU escalates: After Trump's threat to slap higher duties on auto imports from the bloc, the EU warns it could sanction US exports worth billions.
The new US ambassador to Germany defended planned US tariffs, but said the ball is in Brussels' court. Grenell already made headlines for his Tweet calling on German companies to "immediately" wind down business in Iran.
Donald Trump's move to slap tariffs on the EU is wrong and damaging to trans-Atlantic ties, two ex-US ambassadors to Brussels under Barack Obama and George W. Bush told DW. They have a clear message for Europe.
Two former advisors from within the Canadian and US administrations have warned of the economic threat posed by US President Donald Trump ahead of the G7 summit in Canada, which kicks off today.
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