Strengthen the European Union to better compete with China
The BDI has outlined 54 demands addressed to Berlin and Brussels for the New Year in order to better meet the growing challenges posed by the state-dominated Chinese economy. The demands are summarized in a new policy paper.
EU Special Summit: Industry expects a clear sign of agreement
- Regarding the fundamental agreement between the Brexit negotiators on a political declaration and ahead of the EU Special Summit on Sunday, BDI Director General Joachim Lang says reopening the negotiations is not the way Forward.
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...
Midterm Elections: U.S. Collision Course is Likely to Continue
- The Trump administration's collision course remains a threat to the global economy. German industry doesn't expect the election results to change the current protectionist course of US trade policy, says BDI President Kempf. Instead of going it alone, the US should contribute to create modern trade...
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.
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...
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.