Business
2025.08.25 19:30 GMT+8
German chamber of commerce and industry: US tariffs are a major burden for Germany's companies
Updated 2025.08.25 19:30 GMT+8
CGTN
US tariffs have become a major burden for Germany's companies, said Helena Melnikov, CEO of the German Chamber of Commerce and Industry (DIHK). The tariff rate has soared to 15 percent from below 2 percent earlier, severely impacting the country's competitiveness, she added.
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