German manufacturers warn of the sector’s ‘formidable crash’

Beckhoff Automation German business owner Hans Beckhoff says the country’s manufacturers are struggling In the 44 years since Beckhoff Automation opened for business, owner Hans Beckhoff says he hasn’t seen an economic crisis like this one. “You can usually expect a crisis about once every five to eight years,” says Mr Beckhoff. “This time it’s a formidable crash, a really deep one.” A German company, Beckhoff Automation makes automated control

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German finance minister warns of retaliation if U.S. kicks off trade war

Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Ting Shen | Bloomberg | Getty Images German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation. “Trade controversy sees never

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