Investor talks: Economics Minister travels to Taiwan
Saxony's Minister of Economic Affairs meets representatives of the semiconductor industry in Taipei. What opportunities he hopes to gain from the talks with Foxconn and other companies.
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Saxony's Minister of Economic Affairs meets representatives of the semiconductor industry in Taipei. What opportunities he hopes to gain from the talks with Foxconn and other companies.
European markets remain top for Saxony's economy - but the USA also plays an important role despite higher tariffs. Is there any reason to sound the all-clear, and what about China?
US President Donald Trump has been talking about high tariffs on chip imports for a long time and has now named the possible level: 100 percent. What does this mean for companies in "Silicon Saxony"?
US President Donald Trump has been talking about tariffs on chip imports for a long time and has now named the amount: 100 percent. This is not good news for Saxony's semiconductor industry.
Donald Trump's tariff threats are also having an impact on Saxony's export industry. Current figures show this. And companies are reacting.
The USA is threatening the EU with tariffs of 30 percent. This will also have an impact on companies in Saxony. They will have to turn their attention to other sales markets.
Cars, mobile homes and mechanical engineering products from Saxony are in demand abroad. Most goods remain in Europe. Many products also go to China - but there is a decline here.
Saxony's foreign trade is growing, but the outlook for the future is less optimistic. This is because the USA's customs policy is contributing to general uncertainty.
Trade barriers after Brexit? No problem for Saxony's economy. Which industry benefits the most.
As neighbors, Saxony and Poland have long maintained good economic relations. Both countries are interested in expanding them. This has now been agreed in Warsaw.
The East German automotive industry is making progress with the switch to e-cars. Nevertheless, the industry rejects punitive tariffs against competitors from China, as planned by the EU. What are the reasons?
Saxony is planning 100 activities in 30 countries to support small and medium-sized enterprises in accessing international markets.
Saxony records a peak in imports in 2023, while exports decline. China remains the most important trading partner.
Federal Economics Minister Robert Habeck (Greens) is optimistic that an agreement can still be reached in the coalition dispute over the EU Supply Chain Act.
Even though the economic engine is sputtering, the foreign trade sector in Saxony is continuing to grow this year. However, growth is slowing down considerably. However, there are special reasons for this development.
In 2022, Saxon companies increased their exports to a record level. They increased their exports by 17% to 52.7 billion euros. The Saxony Economic Development Corporation (WFS) announced that the development was not only due to higher prices. China remained the most important export market with 8.7 ..