China’s tariff troubles pale beside Germany’s economic woes

Quick Summary:

A widening trade war would further destabilise Europe’s largest economy as it struggles with stagnation, declining exports and geopolitical tensions.

As China’s economy slowed sharply, Europe’s exporters have had to rely on US demand to pick up the slack.

This increases “the potential for future clashes between EU and US national security policies”, the Peterson Institute for International Economics said in a blog in August.

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Article Details

Author / Journalist: Nicholas Spiro

Category: Business

Markets: Hong KongCanadaChinaGermanyMexico

Topics: Trump Goods Surplus Trade Cent Tariff Being President-elect Countries China Surpluses

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 16:30:09 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23915658

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Official Website: scmp.com

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