Roundup: Even higher tariffs against China – Trump sets deadline for Beijing
Washington – In the global trade conflict that started by US President Donald Trump, the pressure grows – especially in China. Trump gave the Chinese leadership at an appointment in the White House until Tuesday, to withdraw the counter -tariffs announced by Beijing in the amount of 34 percent. He spoke from 12:00 p.m. It was unclear whether he referred to 12 noon (local time) or midnight. The White House initially did not comment on this.
Roundup: EU list for counter -tariffs – China offers Trump’s forehead
Brussels – The EU is expected to collect additional tariffs on American whiskey. A list of the responsible EU Commission with products for initial countermeasures in the customs dispute with the USA, contrary to original plans, no longer contains a bourbon whiskey, as announced from EU circles. The EU is to be coordinated by the EU this Wednesday.
‘Washington Post’: Musk wanted to dissuade Trump from hard customs policy
Washington – Tech billionaire Elon Musk Has tried in vain to persuade Donald Trump for a U -turn with the far -reaching import duties. The head of the car maker Tesla personally appealed to the US President at the weekend, wrote the “Washington Post”, citing informed people. On Monday, Trump declined to suspend the tariffs despite the descent at the stock markets.
Fed member: Companies fear delivery bottlenecks and inflation wave such as Corona
Washington – The member of the US Federal Reserve, Austan Goolsbee, has warned of negative consequences of aggressive customs policy for the American companies. There is a lot of worry about numerous company bosses that the tariffs could lead to delivery bottlenecks and the associated risk of inflation, said the President of the regional central bank of Chicago on Tuesday in an interview with the television station CNN.
Expert sees ‘back door’ in the customs conflict
Berlin – Despite the impending escalation in the trade conflict between the EU and the USA, the expert in US trade policy Laura from Daniels sees Daniels opportunities for a negotiating solution. “There are also certain back doors in the customs announcements. There is still scope in it, both positive and negative,” said the political scientist from the Science and Politics Foundation (SWP) in Berlin to the German Press Agency.
Kukies: 15 percent less exports by US tariffs
Berlin – The German economy threatens considerable export losses to the United States if US President Donald Trump stays with the tariffs imposed. “That would have a very significant impact, you shouldn’t be naive,” said the executive finance minister Jörg Kukies in ZDF- “Today Journal”. According to Kukies, German exports to the United States would decrease by around 15 percent, according to Kukies. The growth prospects would go down significantly, the risk of recession would increase.
Mainz Prime Minister for stronger taxation of US tech corporations
Mainz-In the opinion of the Rhineland-Palatinate Prime Minister Alexander Schweitzer, the European Union should also take a look at the billion-dollar tech companies in the customs dispute with the USA and penetrate higher taxes. “It cannot be that a master baker pays more taxes in proportion than the tech billionaires. They would have to be taxed more than before,” said the SPD politician of the German Press Agency in Mainz. “To put this on the table now and make it clear that the European Union also has teeth, I would find that now.”
Current industry is concerned about almond imports from the USA
Bonn – The announcement of possible EU criminal offenses on almonds from the USA is worried about the Federal Association of the German Connection Industry (BDSI). The association appeals to the EU to delete almonds from the list of proposals.
DIHK boss warns bureaucracy reduction
Berlin – For the general manager of the German Chamber of Commerce and Industry (DIHK), Helena Melnikov, the topic of economic crisis has not yet been sufficiently received by the coalition vaterers. “We need a very consistent focus on the reduction in bureaucracy for the economy,” said Melnikov in the ARD “Morgenmagazin”. If the economic framework is not traded, the result is a loss of wealth and frustration in society.
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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.
/JKR