TradeWar

German business sentiment improves despite US trade war

Sentiment among German businesses improved in April despite the new tariffs announced by US President Donald Trump, according to a survey by a leading German economic institute published Thursday. The [..]

Tariffs dispute: DHL partially suspends US parcel deliveries

The Germany-based logistics company DHL will no longer deliver parcels worth more than $800 to private individuals in North America with immediate effect. In a statement the company said the [..]

EU preparing retaliation against US tariffs

The European Union is preparing retaliatory measures after US President Donald Trump announced on Wednesday that the US would slap 25% tariffs on imports from the bloc, Lithuanian Foreign Minister [..]

German economy at serious risk from US tariffs, central bank warns

The German economy is seriously threatened by US President Donald Trump’s planned tariffs, the country’s central bank warned again on Monday. As an export-focused nation, Germany would suffer “considerable risks [..]