The mechanical engineering association VDMA warns of growing Chinese competition and calls for urgent reforms in Europe to strengthen the location. The United States tariffs are also causing problems for companies.
By Julia Fiedler
German machinery manufacturers in China rate the business environment cautiously. Local competition and weak demand remain major challenges. Still, sentiment has improved slightly.
By Julia Fiedler
The EU must not relent on the tariffs imposed by the United States, explained Bertram Kawlath, President of the German Mechanical Engineering Association. More than half of German machinery exports could be affected by steel and aluminum tariffs.
By Marion Bergermann
