On April 8, 2025, the global economic and financial landscape remains in flux. In a dramatic move, US President Donald Trump announced a plan to impose an additional 50 percent tariff on Chinese imports if China does not withdraw its retaliatory tariffs of 34 percent. This escalation in the trade conflict could further destabilize global markets. At the same time, German exporters report potential losses of up to 15 percent in US trade, which could pose challenges for the German economy. On a positive note, a new analysis shows that the share of solar energy in global electricity generation rose to nearly seven percent in 2024, with particularly strong growth in China. Switzerland sees ambitious announcements from telecommunications company Talkpool AG, which plans for considerable growth by 2030. In Asia, however, stock markets are mixed, with Japan experiencing significant gains while other countries face losses. Lastly, the Westfield Hamburg-Überseequartier, a new landmark for retail and gastronomy, opened its doors amidst protests over working conditions during its construction. These diverse developments highlight the challenges and opportunities currently emerging on the global stage.
09.04.2025