Customs crisis threatens German economy: Stock coalition talks!

Customs crisis threatens German economy: Stock coalition talks!

Peking, China - On April 3, 2025, the coalition negotiations in Germany face difficult challenges. The conversations are "difficult in detail", but there are progress, as experts report. The Bavarian CDU sister party, represented by Dobrindt, expresses itself pessimistic and speaks of the fact that it would be "too optimistic" to complete the entire package by the end of the week. SPD boss Saskia Esken, on the other hand, is skeptical and believes that the negotiations will go into the next week. A crucial sticking point is the financing, which is even more difficult by the current developments on the international trade stage.

The background of this complicated situation is the new US tariffs that have a significant impact on the trade relationships of Germany and worldwide. Kleine Zeitung reports that duties of ten percent are raised on imports from all countries from Saturday. This has already been announced from 34% to almost all goods from China, which triggers global concern. US President Donald Trump initiated this measure, which not only raises strategic questions, but also endangered the competitiveness of the German economy.

global reactions to customs policy

International trading partners of the United States are already reacting to the escalation of the customs conflict. According to his Ministry of Commerce, China plans to introduce counter-tariffs, while the EU also responds and wants to introduce tariffs to steel and aluminum products on April 14th. Dobrindt in particular points out that the US tariffs strengthen the economic challenges for Germany and put further pressure under trade relationships.

EU Commission has difficulty developing a uniform strategy because the Member States pursue different interests. While the wine and dairy industry in France in particular fears high losses, African countries are initially calm, but are concerned about possible indirect negative effects. This applies above all to the African Growth and Opportunity Act (AGOA), whose future could be endangered by Trump's policy.

The goal: stability despite uncertainties

In the middle of this complex trade situation, the main goal in Germany remains a stable economic growth. Prien emphasizes the need for a policy mix of investing, consolidating and reforming in order to counter the challenges of US customs announcements. It remains to be seen how political and economic negotiations develop, while experts indicate that the current state has already promoted a global trade war, such as reported. In summary, it turns out that the German coalition negotiations are strongly shaped by the international trade dynamics. The negotiations are therefore not only characterized by domestic arguments, but are also part of a larger global scenario that carries both opportunities and risks.

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