angela merkel, germany, germany-china trade deals, li keqiang, trade deal, u.s. trade tariffs

Germany-China Trade Deals Not a Response to US Tariffs

Germany and China recently signed deals worth 20 billion euros (US$23.6 billion). In addition to multiple joint cooperation projects between governmental agencies, companies like BASF, BMW, Volkswagen, Daimler, Siemens, and Bosch announced Germany-China trade deals and partnerships. Just shortly prior to the deals, President Donald Trump imposed 25 percent tariffs on US$34 billion of Chinese ...

Hermann Rohr