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EU protects pharmaceutical exports from new US tariffs
The EU Commission sees European pharmaceutical exports protected from new US tariffs by an agreement. However, Trump's announcement of 100% tariffs raises concerns in the German pharmaceutical industry.
US auto tariffs reduced to 15 percent
US tariffs on auto imports from the EU will be retroactively reduced to 15 percent, providing relief for car manufacturers. The trade agreement between the EU and the US is now fully implemented.
Swiss Companies Relocate Production to the EU
A third of Swiss tech companies plan to relocate parts of their production to Germany due to high US tariffs. This could lead to a structural change in Switzerland and Europe.
US Court Declares Trump's Tariffs Illegal
A US appeals court has declared Trump's import tariffs illegal, which could have significant implications for his trade policy. Trump plans to appeal the ruling to the Supreme Court.
Trump's Tariffs Declared Illegal
An appeals court declared Trump's tariffs illegal, stating he overstepped his authority. Trump also uses tariffs as a political weapon.
Numerous US Tariffs Declared Invalid
A US appeals court has declared numerous tariffs imposed by President Trump as invalid, stating they were not enacted within the framework of existing law. Trump reacted angrily and announced plans to save the tariffs with the help of the Supreme Court.
German economy shrinks by 0.3 percent
The German economy shrank by 0.3 percent in the second quarter of 2025, attributed to weak industrial production. The Bundesbank also expects no growth for the current summer quarter.
EU and USA agree on tariff deal
The EU and the USA have reached an agreement on reducing US tariffs on car imports from Germany. The tariffs could be retroactively lowered to 15 percent.
US Tariffs for 70 Countries Come into Effect
The new US tariffs on imports affect nearly 70 countries and raise concerns in the German economy. President Trump threatens further increases if investments from Europe do not materialize.
Switzerland in Upheaval over US Tariffs
Switzerland is shocked by the announced US tariffs of 39 percent, which could have significant negative impacts on the economy. The government is in contact with Washington to find a solution.
US Tariffs: Impact on Various Countries
The new US tariffs, set to take effect on August 7, will impact numerous countries, including the EU and Brazil, potentially causing significant economic damage.
Audi's profit drops by more than a third
Audi reports a profit decline of 37.5% in the first half of the year, due to US tariffs, restructuring costs, and weak business in China. The forecast for the current year has been lowered accordingly.
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