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 framework.

News

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
European industrial and economic policy, internal market

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

China: More market, less state intervention

- German companies are unhappy about high market access barriers in China. Lower restrictions could appease critics in Europe, BDI President Dieter Kempf declared ahead of the Chinese Communist Party Congress. more
World Trade

BDI President Dieter Kempf: “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. Exports are set to increase by 5 percent. more
Multilateral Trading System

WTO Ministerial Conference Delivers only Mini Results

- Trade rules and the dispute settlement system of the World Trade Organization (WTO) remain indispensable. Although even low expectations regarding the eleventh Ministerial Conference of the WTO (MC11) were disappointed, members should look ahead. Now it's key to shape a modern negotiation agenda. 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.

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.