The front lines of a trade war and there are widespread concerns the dispute could easily slow global growth. Despite the Diesel Scandal mark the sonny bird in weather has the capitals cars gleaming and german carmakers Global Production is even expected to climb to sixteen point seven million vehicles this year the industrys top lobbyist their hard matters says theyre in good shape despite the diesel fumes but the trade dispute with the u. S. Threatens to dampen the optimistic outlook. Im very much concerned because tariffs and trade barriers are. Nothing that is really good for global trade we need open markets common standards and low tariffs and thats the. This is the fact of success that we with the Automotive Industry in germany had so far the u. S. Is not only a key export market for german car makers they also produce eight hundred thousand cars a year theyre using materials imported from the e. U. For one then exports some u. S. Production to china so it could be hit twice ove
Speaking the truth global news that matters w made for mines. Take it personally. With all the wonderful people in stories that make the game so special. For all truth. Because more than football online. After weeks of threats and counter threats the u. S. Began applying twenty five percent tariffs on imports from china on friday morning affecting technological goods worth a total thirty four billion dollars chinas response a range of tariffs on American Goods also worth thirty four billion dollars also from friday and this might just be the beginning. Washington is already threatening further action prompting china to accuse the u. S. Of provoking a trade war. I want to draw it out maybe. Weve noted that the u. S. Has again threatened to impose new tariffs on five hundred billion dollars worth of chinese products. Not only that its also made this kind of threat to other countries and regions. Later that week. A further escalation could have profound effects European Companies operatin
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