Bloomberg News
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Trade War and Germany's Economy
Posted
April 12, 2019
Views
1,841
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6
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April 12, 2019
1,841
6
2
0.43%
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0:56Now PlayingThe German auto industry is experiencing collateral damage from the United States' trade war with China. German car companies are responsible for more than 113,000 jobs at their factories in the United States, including BMW and Mercedes-Benz.
Tariffs on Chinese goods have contributed to a slowing of China's economy, which in turn has hurt German car makers and other companies that depend on Chinese sales.
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