(IN BRIEF) Germany’s small and medium-sized enterprises (SMEs) have significantly reduced their international business activities, with the number of businesses operating abroad falling from 880,000 in 2022 to around 763,000 in 2023. Despite this, businesses that continued to operate internationally … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, Marketing, News, Small Business, Technology
Tagged Brexit, economic challenges, EU exports, export decline, foreign markets, foreign turnover, geopolitical tensions, German economy, international trade, Internationalisation Report, KfW, Russia market, small businesses, SMEs, US protectionism, US tariffs
(IN BRIEF) ACEA has voiced serious concerns over the US President’s recent decision to impose additional tariffs on the automotive sector. The association emphasizes that these tariffs will not only raise prices for American consumers and disrupt import channels but … Read the full press release
Posted in Automotive, Belgium, Business, Government, Industrial, International Trade, Management, News, Transportation & Logistics
Tagged ACEA, automotive industry, BMW Group, Daimler truck, EU automobile industry, European automakers, European Automobile Manufacturers’ Association, Ferrari, Ford of Europe, global competition, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, President Trump, R&D spending, Renault Group, Sigrid de Vries, Stellantis, Toyota Motor Europe, trade balance, trade surplus, US domestic manufacturing, US tariffs, Volkswagen Group, Volvo Group
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