Dark forecast with “Markus Lanz”: ++ “Not all three big German carmakers will survive this decade” ++ LIVETICKER | EUROtoday

US President Donald Trump has introduced a customs break for a lot of countries-but not for China. The customs dispute between the 2 international locations is heading.

All developments within the commerce battle and tariffs within the dwell ticker:

10:27 a.m. – “Not all three large car manufacturers will survive this decade”

Economist Moritz Schularick points a darkish forecast to the German auto trade. “Not all three major carmakers will survive this decade,” moderator Markus Lanz quoted an earlier assertion by the President of the Institute of World Economy in Kiel (IFW Kiel) in his program. “I still think it is right,” replied Schularick.

This doesn’t imply that there can be no automotive manufacturing in Germany anymore. However, he might properly think about, in accordance with Schularik, that “at least one of those in any other form will end the decade”. By this he stated: purchased up, break up up, joint ventures enter into.

8:15 a.m. – ranking company threatens USA with downgrading

The European Rating Agency Scope warns that the US creditworthiness may very well be downgraded if a prolonged commerce battle ought to undermine confidence within the greenback – or if President Donald Trump introduces much more drastic financial measures corresponding to capital controls.

6:59 a.m. – China’s economic system is rising surprisingly strongly

The Chinese economic system grew surprisingly strongly earlier than escalation within the commerce dispute with the USA. The gross home product rose by 5.4 p.c in comparison with the identical interval from January to March. Economists had anticipated 5.1 p.c progress.

Industrial manufacturing additionally elevated considerably. The firms elevated their emissions by 7.7 p.c round March in comparison with the earlier yr. The forecasts of analysts have been thus exceeded. In January/February it was solely a rise of 5.9 p.c. “The manufacturers tried to send out their orders before the introduction of the tariffs,” stated Economist Woei Chen Ho from the UOB Finance House in Singapore.

Beijing is aiming for round 5 p.c for the present yr. Experts from the main Swiss financial institution UBS solely count on 3.4 p.c. “The customs shock ensures never-for-existent challenges for Chinese exports,” stated the UBS analysts.

6:20 a.m. – China appoints new commerce officers

In the center of the customs dispute with the USA, China appoints a brand new negotiator for worldwide commerce. The authorities in Beijing introduced that Li Chengang was appointed, changed Wang Shouwen. This was concerned within the negotiations for the commerce settlement between 2020 between China and the USA.

05:17 a.m. – Hong Kongs Post now not sends items to the USA – “harassment” tariffs

The Hong Kong Post now not delivers packages of products by way of the ocean path to the USA. From April 27, the Air Post Service may also be employed to the United States, as posted on Wednesday. This is justified with the “harassed” US tariffs. When sending items to the United States, the Hong Kong must be ready to “pay exorbitant and inappropriate fees due to the inappropriate and tyrannical measures of the USA,” stated Hong Kong Post. Other publish applications that solely include paperwork with out items should not affected.

02:46 a.m. – Trump has tariffs checked for imports of minerals

US President Donald Trump has attainable new tariffs checked for all imports of crucial minerals. The Republican signed a corresponding association within the White House. Minister of Commerce Woward Lutnick is thus instructed to provoke an investigation of nationwide safety in accordance with the Trade Expansion Act from 1962. It is similar regulation with which Trump launched tariffs of 25 p.c on metal and aluminum in his first time period and an investigation of attainable copper tariffs initiated in February. According to observers, this can be a vital escalation within the dispute with vital buying and selling companions. China had imposed new export restrictions on uncommon earths a number of days in the past in response to Trump’s tariffs. These are a bunch of 17 parts used within the armor, electrical car, power and electronics trade.

01:20 a.m. – newspaper: Trump desires to construct strain on buying and selling companions for China

According to a newspaper report, US President Donald Trump desires to place strain on buying and selling companions and to limit their enterprise with China. The “Wall Street Journal” stories on Tuesday (native time), citing folks acquainted with the conversations. US authorities brokers subsequently plan to make use of the negotiations on the excessive import duties imposed with greater than 70 nations. These are to be requested to ban China from transporting items by their international locations. Chinese firms must also be prevented from establishing on their territory with the intention to keep away from US tariffs.

00:04 a.m.-Insider: New tariffs might value US chip editioners one billion {dollars}

According to the chip gear within the United States, the brand new tariffs might value a couple of billion {dollars} yearly. Corresponding calculations within the trade have been mentioned with authorities officers and MPs in Washington final week, because the Reuters information company realized. According to the calculations, the three largest US chip boosters-Applied Materials, LAM Research and Kla-could come up about $ 350 million a yr. Even smaller rivals corresponding to onto innovation must count on extra bills of a number of million {dollars}.

US President Donald Trump has introduced that it desires to make use of tariffs to proceed constructing an area chip trade. These editions are initially uncovered to, however an examination was formally initiated on Monday.

Tuesday, April fifteenth

8:33 p.m. – Trump: “The ball is located with China”

US President Donald Trump stays arduous within the customs dispute with China. “The ball lies with China. China has to conclude an agreement with us. We don’t have to deal with them,” spokeswoman Karoline Leavitt quoted from an announcement by the president. China is not any completely different from some other nation, solely greater, stated Trump.

Like all different international locations, China wants the American shopper, or “to express it differently, they need our money”, Leavitt quoted the president at a press convention within the White House. She spoke to Trump and he gave her this clarification of China.

6:01 p.m.-US MPs buys shares and thus fueled insider commerce allegations

Has US MP Marjorie Taylor Greene insider commerce? The obligatory info in comparison with the US Congress now present that Greene purchased shares of a number of tech firms corresponding to Apple and Amazon or the Pharma large Merck on Tuesday and Wednesday at a worth of $ 21,000 to $ 315,000. Shortly earlier than, Trump shared a purchase order name on his “Truth Social” service, hours later he uncovered the tariffs for a lot of buying and selling companions for 90 days.

US MPs are allowed to behave on the inventory change, however they need to inform about corresponding enterprise in writing inside 30 days. You do not must disclose the precise sums. The Democrats within the Congress need to examine whether or not Republicans have dedicated insider commerce after Trump’s buy name.

5:55 p.m. – DAX continues to recuperate

The DAX continues to recuperate – albeit at a throttled tempo. The main index Dax right now 1.43 p.c larger at 21,253.70 factors. On Monday it was virtually three p.c plus.

1:48 p.m. – Europe should not be “vassal” within the USA, says Vance

US Vice President JD Vance once more calls on European international locations to better independence from the United States-and notes that Germany’s export dependency can change into an issue for the Federal Republic. “It is not good for Europe to be the permanent security of the United States,” says Vance to the British information portal “Unherd”.

He loves Europe and the folks in Europe, he continues and provides: “I don’t want Europeans to just do what the Americans tell them. I do not think that is in their interest and not in our.”