Around 400 German companies are active in Ukraine. Now they're finally served by a German-Ukrainian Chamber of Foreign Trade.
German exports have bounced back in October, while a strong import rise suggests robust domestic demand. Cause for cheer? Not quite, according to most observers of Europe's powerhouse.
The German Chambers of Commerce and Industry (DIHK) has warned that should the Trump administration go ahead and impose higher tariffs on steel imports this would could trigger a global trade war.
In the first half of 2018, German trade remained on a solid growth path. But is stagnation in July a first foreboding of a slowdown caused by mounting concern over US President Donald Trump's trade measures?
The EU, China and Japan have decried the Trump administration's idea to also heap US tariffs on imported vehicles - on top of steel and aluminum. Washington's "national security" argument is "far-fetched," says Brussels.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version