In 2024, Germany sold machinery and equipment worth 27.4 billion euros to the U.S., making it the sector's single-largest foreign market representing 13.7% of total exports, data from VDMA, an engineering industry lobby group, showed.
America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods
By Sukriti Gupta, Medha Singh, Lisa Pauline Mattackal (Reuters) -European shares slumped on Friday, with the benchmark STOXX 600 and Germany's DAX confirming correction territory, as China's retaliation to sweeping U.
Trump also faced the first rebuke from the Senate of his second term, as four GOP lawmakers joined with Democrats to pass a bill Wednesday evening to overturn the president’s tariffs on Canada. Stock markets in Asia and Europe tumbled Thursday,