German Industrial Firms Shift Production Abroad Amid Rising Costs
A growing number of German industrial companies are moving production facilities to international locations as they grapple with rising tariff costs, protectionist trade policies, and domestic location disadvantages. According to a study by Deloitte and the Bundesverband der deutschen Industrie (BDI), 68 percent of surveyed industrial firms are considering shifting their manufacturing—either partially or entirely—outside … Read more