Roundup: Trump imposes 35 percent tariffs against Canada
Washington – President Donald Trump imposes against neighboring Canada tariffs of 35 percent. The Republican also brought the Fentanyl crisis into play in the Truth Social Published letter to the tariffs on the import of Canadian products.
Federal Council agrees to growth package
Berlin – After the Bundestag, the Federal Council also approved tax relief for companies. Extended depreciation options should ensure that companies invest more again. When the so -called booster has leaked, corporation tax should gradually decrease from 2028 – from the current 15 percent to 10 percent in 2032. In addition, buying a pure electric car for companies should become tax.
ECB director Schnabel sees hardly any scope for Interest rate
Frankfurt – Seven times in a row, the European Central Bank has reduced the key interest rates, now ECB director Isabel Schnabel pleads for an end to the series. The interest is in a “good area and the bar for another interest rate is very high,” said the Germans to the financial portal “Econostream Media” shortly before the ECB interest rate on July 24.
Total Roundup: Countries agree to important laws of the federal government
Berlin – The Federal Council has approved the first laws of the new black and red federal government. So he approved the billion -dollar growth package, the extension of the rental price brake and the suspension of the family reunification for refugees with limited protection.
Roundup: Wave of bankruptcy of German companies lasts
Wiesbaden – The number of company bankruptcies in Germany continues. In June, 2.4 percent more control bankruptcies were registered at the local courts than a year earlier, as the Federal Statistical Office reports on the basis of preliminary information. Previously, there had been the first year -related decline in bankruptcy figures since March 2023.
British economy shrinks surprisingly
London – British economic output dropped again in May because of a weak industrial production. The gross domestic product (GDP) fell by 0.1 percent in May compared to the previous month, the National Statistics Office ONS said in London on Friday. It is the second decline in a row. In April, the gross domestic product dropped by 0.3 percent in the month comparison. That was the first decline since October. The fallen economic output is surprising for experts – they had expected a slight recovery. One reason for the minus in May was the significant decline in industrial production. Compared to April, this fell by 0.9 percent and thus a little stronger than in the previous month.
Sealing electricity tax: Countries increase pressure on the federal government
Berlin – The federal states increase the pressure on the federal government for a electricity tax reduction for everyone. The Federal Council decided a recommendation in which the federal government was asked to implement the planned measures to reduce electricity costs including the reduction in electricity tax to the European minimum size for all consumer groups – companies such as households – as soon as possible.
Worse mood in shipping
Hamburg – The mood in northern German shipping has clouded. This emerges from a survey by the IHK Nord, which has asked its members. “The geopolitical tensions and the imponderables in American customs policy very much unsettle the shipping markets,” said the Chairman of the Chamber, Knud Hansen.
Minister of Social Affairs also open to higher retirement age
Berlin – Federal Social Minister Bärbel BAS can also imagine a higher retirement age with a view to a future pension reform. When asked whether this was to be done with her, the SPD politician in the ZDF “Morgenmagazin” said: “I am open to everything. On the other hand, I also want that other groups of employment such as MPs, self-employed and also civil servants will pay in a system at some point in the future. So I am also open to the other side.”
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Roundup: You read a summary in the economic overview. There are several reports on this topic on the dpa-AFX intelligence service.
/JSL/