1. China 822.7 | 2. Japan 110.7 | 3. United States 88.2 | 4. India 86.5 | 5. South Korea 71.5 | Source: worldsteel.org
The Tokyo stock index and other Asian markets tumbled over uncertainty in the US economy. President Donald Trump's tirade against the Federal Reserve has hit Wall Street hard.
DW spoke with economist Yukon Huang about common misconceptions over the US-China economic rivalry, and how both sides are only trying to save face while not addressing core problems that will take many years to solve.
German automakers VW and BMW each increased sales to more than 300,000 cars in the US in 2018 while the sales of several competitors fell. VW had a second year of higher sales, while BMW posted its first jump since 2015.
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