The escalation of the trade conflict between the US and China reaches a new level as Beijing has increased retaliatory tariffs on all US products to 125 percent, effective tomorrow. The EU continues to pursue a diplomatic approach in the tariff dispute but also plans countermeasures. In Germany, economic growth is forecasted to be nearly stagnant at 0.1 percent for 2025, reflecting uncertainties due to international trade conflicts and structural challenges. Import prices for energy products continue to rise, with electricity costs up 111 percent and natural gas over 40 percent compared to the previous year, burdening households and businesses. US President Donald Trump’s unpredictable tariff policy leads to stock market volatility, accompanied by accusations of insider trading. These developments highlight the significant challenges facing the global economy due to geopolitical tensions and protectionist measures.
11.04.2025