Tag: protectionism
Agreement in the WTO again for the first time after a marathon conference
WTO meeting in Geneva Some of the formulations in the concluding texts were not very specific. (Photo: Reuters) Geneva After negotiations almost around the clock, the 164 member countries of…
How the lockdowns are damaging China’s reputation as a location for innovation
VW factory in China Companies from the automotive industry are fully committed to China. (Photo: dpa) Beijing China had actually developed into an increasingly important research and development location for…
Six reasons for currency devaluation – and possible countermeasures
Prices at a Leipzig gas station Energy and food drive inflation. (Photo: dpa) Berlin Everyone notices it in their own wallets: After years of rather weak inflation, prices in Germany…
EU Commission wants to make it easier to confiscate oligarch assets
Ursula von der Leyen According to the EU Commission, Russian billionaires close to the Kremlin have so far evaded the sanctions. (Photo: IMAGO/ZUMA Wire) Brussels According to the EU Commission,…
Why the US Army is now bringing baby food into the country
The “Operation Fly Formula” is no small thing and has top priority in the military and politics. Around the world, the United States is currently trying to buy baby milk…
Joe Biden is considering abolishing Trump’s China tariffs
Joe Biden in Tokyo In Tokyo, Biden also spoke about the possibility of lifting his predecessor’s punitive tariffs. (Photo: Reuters) Tokyo In view of the high rate of inflation, the…
Canada declares Huawei 5G technology a security risk
Huawei logo More and more Western countries are rejecting the Chinese group’s 5G technology. (Photo: dpa) Ottawa The Canadian government is banning the two Chinese telecommunications equipment suppliers Huawei and…
The US is also building a chip alliance with Japan and South Korea
Tokyo, New York The chip industry enjoys a particularly high priority on US President Joe Biden’s first trip to Asia. Immediately after landing in South Korea, on Friday he visited…
Why the EU should rather make Russian oil more expensive
Russian oil field The advantages of an import duty imposed by the EU could be played out immediately for the EU. (Photo: Reuters) Berlin Robert Habeck is not particularly fond…
Do we need free internet or digital protectionism?
Digital Minister Cédric O (France) and Volker Wissing (Germany) How far does international data exchange go? The digital ministers are discussing this in Düsseldorf. (Photo: imago images/Political Moments) Berlin In…
Sanctions against China’s surveillance group Hikvision are being considered
Hikvision headquarters The company’s cameras and surveillance software are used around the world, for example to fight crime or for “smart city” applications. (Photo: imago images / VCG) Beijing The…
WTO significantly lowers forecast for world trade
Container port in China For the global economy, the WTO only predicts growth of 2.8 percent, instead of the previously expected 4.1 percent. (Photo: dpa) Geneva Forecasts by the World…
Berlin and Brussels stand in their own way
Berlin No more washing machines from Miele, no more shoes from Deichmann, no saws from Obi. In addition to large corporations, numerous German medium-sized companies are also withdrawing from Russia…
US cut normal trade relations with Russia and Belarus
Visitors with umbrellas in the national colors of Ukraine in front of the Capitol in Washington The Senate and House of Representatives have imposed further sanctions on Russia. (Photo: Reuters)…
Costs of the economic war become an endurance test
Sanctions: endurance test for the West At a solidarity event for Ukraine in Berlin, a man wears a sign on his back that reads: “Better to be cold and free…
We should bury the free trade agreement – there are more important things
Olaf Scholz and Christian Lindner In Washington, German monologues were simply ignored. (Photo: dpa) Sometimes it says something about a suggestion even if it isn’t talked about. When US President…
USA and Great Britain announce agreement in the steel dispute
steelworks in Great Britain From June Great Britain should again be able to import a certain amount of steel duty-free into the USA. (Photo: dpa) The US and UK have…
“A new edition would be a win-win situation”
Lisandra Flat The economist heads the Center for Foreign Trade at the Ifo Institute and is Professor of Economics of Globalization at the LMU Munich. (Photo: ifo Institute) Berlin Finance…
USA also threaten companies from third countries
Berlin Almost nine billion dollars. Even today, when board members of international companies hear this number, a chill runs down their spines. That’s how much the major French bank BNP…
China does not support Russia’s war in Ukraine
Russian President Putin and Chinese President Xi China has not yet condemned the invasion. (Photo: dpa) Washington, Beijing According to its ambassador to the USA, Qin Gang, China does not…