But at all costs.
The clock is ticking.
German exporters don’t want US trade deal ‘at any price’, says trade group – The European Commission aims to reach a trade agreement outline with the U.S. in the coming days, ahead of the August 1 deadline set by President Donald Trump for broad tariff increases.
Exports to the United States dropped 7.7% in May month on month, following a 10.5% decline in April, data showed on Tuesday.
That means ceasefire.
Trump says Israel and Iran have negotiated ‘complete’ ceasefire – After the president announced the ceasefire would start in coming hours, Iran and Israel exchanged several waves of strikes…
Iranian state TV said that a ceasefire was coming into effect, which it described as a being “imposed on the enemy.”
On China.
“On this point, Donald is right — there is a serious problem,” EU Commission President Ursula von der Leyen said, as she slammed Beijing for disrupting global trade with subsidies to boost its own companies – accusing the CCP of “weaponizing” its leading position in the production and refinement of raw materials used for cars, batteries and wind turbines.
She then encouraged Trump to join forces with US allies to address China’s trade imbalances, rather than punishing them with his own tariff scheme.
“When we focus our attention on tariffs between partners, it diverts our energy from the real challenge — one that threatens us all.”
Until they do.
Then an agreement is reached and the tariffs are lowered. We could ask Elon but this doesn’t seem like rocket science to me.
Trump’s Tariffs Cost BMW $11 Million A Day, So Germans Want A Deal – European carmakers are losing millions daily to US tariffs despite American production bases.
Trade wars rarely end well for anyone involved, and when the crossfire hits the automotive industry, the damage adds up fast. Nowhere is that more evident than in Germany, where the ongoing tariff standoff is racking up some eye-watering costs. According to a new report, BMW is losing a staggering $11.3 (£8.4 / €10) million per day thanks to U.S. tariffs.
So I judge this to probably be another misjudgement.
Trump misjudged influence on Putin, German defence minister says – U.S. President Donald Trump misjudged his influence on Russian President Vladimir Putin, Germany’s defence minister said on Wednesday, after a phone call between the two leaders yielded no progress in Ukraine peace talks, prompting Europe to announce new Russia sanctions.
“I suspect he assessed his negotiating position incorrectly,” Boris Pistorius told the Deutschlandfunk radio broadcaster, following Trump’s now-abandoned efforts to pressure Putin into accepting an unconditional 30-day ceasefire.
That means to circumvent.
Punitive tariffs: Audi apparently plans production in the USA – According to media reports, Audi is planning to build cars in the USA in order to avoid import tariffs. Until now, Audi has been serving the US market via imports, but the Ingolstadt-based car manufacturer is now confronted with the 25 percent tariffs announced by US President Donald Trump in recent weeks.
According to the report, Audi is looking at three US sites and could also use production capacities of the Volkswagen Group – the manufacturer has not yet wanted to comment on the media reports.
We weren’t “intending to work” hard.
German teens who ‘intended to work’ were denied entry to US for traveling ‘under false pretenses’: Customs – A pair of backpacking German teens booted from the US lied about the purpose of their trip, Customs and Border Protection said — but the women claim US officials “twisted” their words to trump up the allegations…
“Both claimed they were touring California but later admitted they intended to work — something strictly prohibited under US immigration laws for these visas.”
But the women — who were planning to continue on to Los Angeles and then Costa Rica after Hawaii — insisted they were interrogated by CBP for hours, and that transcripts show their words were “twisted” and outright falsified.
Reciprocity is better.
Germany urges EU unity after Trump unveils sweeping tariffs – The EU’s Ursula von der Leyen has warned that the bloc is prepared to respond to new US tariffs imposed by President Donald Trump’s administration. Germany also criticized Trump’s trade measures. DW has more.
Talking is always good. But action is better.
Until today, the EU imposed import tariffs on US cars five times higher than the tariffs imposed by the US on European imports.
That’s changed now.
German minister, autos lobby call for urgent EU-US talks over tariffs.
That means limited ceasefire.
Trump and Putin agree on limited ceasefire – further negotiations from Sunday in Jeddah.
Russia has agreed to cease attacks on energy facilities in Ukraine for 30 days. This was announced by the Kremlin following a telephone conversation between Russian head of state Putin and US President Trump. According to the US, negotiations on an end to the Russian war of aggression are to continue in Saudi Arabia at the end of the week.
Observing Hermann 