#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I STATUS.QUO Q2/2025

Much will depend on the courage of Europe

Should it be?

The president jacks up tariffs on all countries, with particularly sharp rises for much of Asia

The European Union, the US’s largest trading partner, vowed to retaliate after President Donald Trump announced sweeping tariffs against the bloc in his bid to dismantle the global trading system.

Donald Trump’s latest tariff hikes threaten to inflict a bigger hit on China’s economy than it suffered during his first trade war.

Spitzenvertreter von Bund, Ländern und Gemeinden haben am Mittwoch im Bundeskanzleramt ein Gipfelgespräch abgehalten, um über die Sanierung des aus dem Ruder gelaufenen Budgets zu beraten. Nach dem Termin äußerte man sich einhellig: Bundeskanzler Christian Stocker (ÖVP) sprach nach dem Treffen von einem Stufenplan, um auch langfristig den Staatshaushalt in den Griff zu bekommen. Erstes Ziel sei es, das Defizit auf drei Prozent und damit das Maastricht-Ziel zu drücken.

US job openings fell in February while layoffs remained subdued, adding to evidence of a labor market that’s only gradually cooling.

Das chinesische Militär will es als »ernste Warnung« an Taiwan verstanden wissen: Streitkräfte nähern sich der Insel für eine Übung aus der Luft und vom Wasser. Taiwan hat bereits reagiert.

European Central Bank Executive Board member Isabel Schnabel said it’s time to talk about joint debt again in the euro area as policymakers see an opportunity to bolster the currency’s role in the global economy.

China has taken steps to restrict local companies from investing in the US, according to people familiar with the matter, in a move that could give Beijing more leverage for potential trade negotiations with the Trump administration.

Federal Reserve Bank of Richmond President Tom Barkin said President Donald Trump’s tariffs could raise both inflation and unemployment, creating a big challenge for the central bank.

Wie viel haben die Österreicherinnen und Österreicher in den letzten Jahren im Durchschnitt verdient, und wie viel davon konnten sie sich auf die Seite legen? Antworten auf diese beiden Fragen geben Zahlen der Statistik Austria vom Montag. Die Verdienststrukturerhebung bis 2022 zeichnet die Entwicklung der Löhne und Gehälter nach Branchen, Geschlecht und Region nach. Auffallend ist aktuell ein deutlicher Trend zum Sparen und zur Zurückhaltung beim Konsum.

President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said.

German inflation slowed more than anticipated in March, nearing the European Central Bank’s 2% target as officials ponder whether to lower interest rates again at their next meeting or pause.

China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement expected to hit the south Asian neighbors.

Euro-area inflation eased further toward the European Central Bank’s 2% target as officials weigh whether or not to continue lowering interest rates.

Several European Central Bank officials are still wavering on whether to cut interest rates next month, according to people familiar with the matter, suggesting the meeting remains far more open than investors are betting.

China’s residential sales fell again in March, suggesting the recovery in the property sector remains frail.

Mehr als deutlich hat Österreich im vergangenen Jahr die Maastricht-Grenze von drei Prozent des Budgetdefizits überschritten. Am Montag meldete die Statistik Austria einen Anstieg des gesamtstaatlichen Defizits auf 4,7 Prozent des BIP. Der Schuldenstand erhöhte sich damit um 22,6 Milliarden auf mehr als 394 Milliarden Euro. 2023 lag das Defizit noch bei 12,4 Milliarden Euro bzw. 2,6 Prozent des BIP. Für WIFO-Chef Gabriel Felbermayr sind diese Zahlen eine „enorme Negativüberraschung“.

Goldman Sachs Group Inc. economists now forecast both the Federal Reserve and European Central Bank will cut interest rates three times this year as President Donald Trump’s tariffs weigh on economic growth.

Goldman Sachs Group Inc. economists now forecast both the Federal Reserve and European Central Bank will cut interest rates three times this year as President Donald Trump’s tariffs weigh on economic growth.

President Christine Lagarde said that the European Central Bank can’t relent on inflation, with the US administration’s trade policy creating uncertainty.

US employers probably tempered their hiring in March, just as consumers grow increasingly cautious and the economic outlook dims on concerns about the fallout from higher tariffs.

As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange.

Chinese President Xi Jinping vowed to improve market access at a meeting with a group of global business leaders in Beijing, in an effort to boost investor sentiment as rising tariffs fuel uncertainty for the economy and international trade.

Federal Reserve Bank of Richmond President Tom Barkin said rapid policy changes by the Trump administration have created “a sense of instability” in the business community, and the associated decline in sentiment could “quiet demand.”