With only one dissenting vote from Hungary, the EU decided on Wednesday to impose counter-tariffs worth EUR 20.9 billion on US products in response to the US steel and aluminum tariffs.
By Marc Winkelmann
The realignment of US trade policy is damaging the fight against global warming: uncertainty and crises mean less investment in climate action and the greentech industry is suffering. One particularly dangerous aspect of the tariff conflict has hardly been discussed so far.
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US President Trump imposes additional tariffs of 104% on Chinese goods. However, Beijing does not want to back down. The trade conflict between the two economic powers also has the EU Commission and industry up in arms.
By Till Hoppe
Will the devastating reaction of the markets force the US President to give in? The Commission and member states are taking their time with countermeasures and are tempting Trump with a customs agreement. At the same time, the strategy glosses over internal differences.
By Marc Winkelmann
In its reaction to the latest US tariffs, China is turning its attention to rare earths. According to Jost Wübbeke, the EU must also fear for its raw material security. The end of globalization caused by Trump's tariff war could lead to "everyone fighting for themselves and the world's raw materials."
By Marion Bergermann
Beijing has responded to the US tariffs with additional tariffs, export controls and raw material restrictions. But how does this affect German and European companies that manufacture in China or the United States? Jacob Gunter from the China think tank MERICS assesses the situation in this interview – and explains why Europe urgently needs to find its own answers now.
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In its reaction to the latest US tariffs, China is turning its attention to rare earths. According to Jost Wübbeke, the EU must also fear for its raw material security. The end of globalization caused by Trump's tariff war could lead to "everyone fighting for themselves and the world's raw materials".
By Redaktion Table
US President Trump's tariff plans are causing an earthquake around the globe. The US's blow to trade flows is so powerful that the EU still needs time to find its response.
By Till Hoppe
The Chinese reaction to the new US tariffs is rhetorically harsh, but so far, there have been no concrete countermeasures. The German Chamber of Commerce Abroad is cautious. However, China stands to benefit from tariffs against other Asian countries.
By Manuel Changming Liu
Overcapacity from China could soon threaten numerous sectors of Europe's core industries. The US retaliatory tariffs are further worsening the situation. Brussels must act to prevent an escalation.
By Marcel Grzanna
