Ever since U.S. President Donald Trump started a global trade war, attacking high German current account surpluses and threatening penalty tariffs on German cars, Germany’s economic model as the basis for the extraordinarily strong position of German quality brands on world markets moves further into the firing line. Faced with the threat of a 35 percent tariff on imported cars … [Read more...] about Germany on the Firing Line
Emmanuel Macron
Maron’s Visions Confront Merkel’s Reality
The recent cover of The Economist reads “Europe’s new order,” and shows a youthful French president in the glaring spotlight—and a German Chancellor Angela Merkel behind him in the dark shadow. Inside, the article titles tell the story: “A dynamic Emmanuel Macron and a diminished Angela Merkel promise a new balance in Europe,” “President Emmanuel Macron’s reform plans represent … [Read more...] about Maron’s Visions Confront Merkel’s Reality