South Africa’s market for new cars is growing. However, this provides little cause for optimism among local manufacturers, as growth is driven primarily by rising imports. Volkswagen is now increasing pressure on the government to act and protect its industrial base.
By David Renke
The reduction of tariffs on US products as part of the trade deal with the EU has been put on hold for the time being. The Parliament and the Commission are waiting for more detailed information from the US.
By János Allenbach-Ammann
China’s Ministry of Commerce has spoken out against the new US blanket tariffs. At the same time, the country is benefiting from the earlier ruling by the US Supreme Court.
By Leonardo Pape
According to government officials, computer chip exports from South Korea are not affected by the new US tariffs. Uncertainty remains over possible refunds of tariffs that have already been paid.
By Leonardo Pape
Following the ruling by the Supreme Court of the United States, US President Donald Trump has announced new tariffs, casting doubt on the transatlantic trade agreement with the European Union. Regardless of the next steps, however, companies may be entitled to claim billions in potential refunds.
By Katharina Kort
As Chinese trade flows place mounting pressure on Europe’s industrial base, calls for more robust countermeasures are growing louder. One option would be to expand the use of import quotas, as is already the case in the steel sector.
By Antonia Zimmermann and János Allenbach-Ammann
Reactions from Asia to Trump’s new tariff announcements reflect uncertainty and confusion. The Indian government postponed a delegation trip to Washington that had been planned for this week.
By Ning Wang
With the rollback of Trump’s Liberation Day tariffs, duties on Chinese goods are falling by around 20%. The tariff gap between Chinese exporters and companies in other exporting countries is narrowing.
By Leonardo Pape
As Chinese trade flows put pressure on Europe’s industrial base, calls for more effective countermeasures are growing louder. One option under discussion is the broader use of import quotas, as already applied in the steel sector.
By Antonia Zimmermann and János Allenbach-Ammann
Taiwan’s President Lai Ching-te wants to step up efforts to strengthen the island’s defenses in order to ensure its security. The move follows a final trade agreement reached between Taiwan and the United States.
By Ning Wang
