Pressure from China and the US has German business on the back foot | DW News

#germany #business #tariffs
US tariffs pose a threat to Europe, but not an existential threat says Bertram Kawlath, president of the German machine builders' association VDMA. The German economy is shrinking, tax income is falling, and unemployment is set to rise but he remains optimistic about Germany’s ability to recover.

#germany #business #tariffs