Midterm Elections in The United States

The Trump administration's collision course remains a threat to the global economy, even after the midterm elections. An escalated trade conflict does not benefit anyone, including American companies. The US should contribute to create modern trade rules rather than going it alone.

News

Global Issues

Asia-Pacific Conference: World Trade Regime in the Spotlight

- Asia-Pacific being one of the fastest growing regions in the world makes exchange with the region’s countries more important than ever for German economy. This year’s Asia-Pacific Conference of German Business (APK) is focusing on global trade regimes, on expansion of infrastructure in Asia as well... more
USA

US Government is putting the World Trade System at risk by blocking the WTO

- The BDI warns against a targeted weakening of the World Trade Organization. Washington is undermining international trade law. Challenges relating to global trade can only be resolved multilaterally. more
World Trade

EU and US Must Apply the Emergency Brake in the Trade Dispute

- In regards to the meeting between US President Donald Trump and EU Commission President Jean-Claude Juncker, BDI President Dieter Kempf urged: Tariffs imposed under the guise of national security should be removed. International trade disputes must be dealt with and resolved within the WTO... more
Brexit

Brexit is casting its shadow

- Foreign direct investment into the UK is down by 90 percent. London should agree to status quo transition from March 2019. First results from BDI Task Force Brexit – duty and quota free trade as minimum requirement. more
World Trade

The EU has the international law on its side

- The EU should react cool-headed to the protectionist trade policy of the Trump administration, says BDI President Dieter Kempf as a response to the US customs on aluminium and steel. “Make America Great Again“ does not work with protectionism. more
World Trade

“We urgently need a new government”

- The BDI expects a GDP increase of 2.25 percent in 2018. 2018 must be a year of action, BDI President Dieter Kempf said. A future federal government will have to spend money in areas where there are increasing opportunities for growth, where jobs can be secured and new ones created. more

Network for free trade – Why the BDI is needed in Brussels

Germany’s prosperity and high living standards are based on a world of free trade. But freedom and competitiveness are not a natural given. They need a strong voice to call for them.

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Library

U.S. Tariffs on Steel and Aluminum

U.S. President Trump decided to impose tariffs on steel and aluminum imports. An investigation by the U.S. Department of Commerce had come to the conclusion that these imports threatened the national security. The tariffs came into effect in late March 2018. The EU was exempted until the end of May 2018. The EU is also currently conducting a safeguard investigation for steel and requested consultations with the United States at the WTO. These are steps in the right direction.