US Tariff Hikes Prompt German Firms to Shift Production Abroad
Survey shows US tariff hikes are pushing two-thirds of German manufacturers to move production abroad, with Europe and the Chinese mainland among top destinations.
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German Leader Refutes Hype of Foreign Firms Leaving Chinese Mainland
Despite rumors of foreign companies exiting the Chinese mainland, Michael Schumann, a German business leader, remains positive and reports no German firms are planning to leave.