Is there any merit to criticism of Germany's trade surplus? When can success be considered a problem?
Amid intensifying trade friction between Washington and Beijing, a new round of US tariffs took effect on Monday, raising the stakes for both sides. China seems to have several tools up its sleeve to counter US tariffs.
Business confidence in German boardrooms has decreased marginally, the latest monthly index by the ifo research institute reveals. Despite the ongoing US-China trade spat, executives expect the drop to be short-lived.
The US administration plans to start exporting its new and vast gas supplies to Europe via Germany within the next four years. As doubts continue over a Russian pipeline to Germany, Washington sees a gap in the market.
About two dozen countries accounting for almost half of global exports impose "little or no enforcement" of foreign bribery laws, Transparency International report. The world's top exporter received particular criticism.
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