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Reuters
10-07-2025
- Business
- Reuters
German exporters don't want US trade deal 'at any price', says trade group
BERLIN, July 10 (Reuters) - German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade lobby. "Our interests must be reflected in an agreement with the U.S.," Jandura said on Thursday in Berlin. "We need a fair deal for the whole of Europe. It must not be concluded at any price." The European Commission aims to reach a trade agreement outline with the U.S. in the coming days, ahead of the August 1 deadline set by President Donald Trump for broad tariff increases. Jandura, President of the Federation of German Wholesale, Foreign Trade and Services (BGA), called for a stronger European single market to improve the EU's negotiating position and to cushion the economic impact of tariffs, alongside new trade agreements or the revision of existing ones. The U.S. was Germany's biggest trading partner in 2024 with two-way goods trade totalling 253 billion euros ($296.77 billion). Exports to the United States dropped 7.7% in May month on month, following a 10.5% decline in April, data showed on Tuesday. "The situation in foreign trade is dramatic and threatens to get worse," said Jandura. "The consequences of Trump's tariff policy are thus becoming ever clearer." ($1 = 0.8525 euros)
Yahoo
10-07-2025
- Business
- Yahoo
German exporters don't want US trade deal 'at any price', says trade group
By Rene Wagner and Maria Martinez BERLIN (Reuters) -German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade lobby. "Our interests must be reflected in an agreement with the U.S.," Jandura said on Thursday in Berlin. "We need a fair deal for the whole of Europe. It must not be concluded at any price." The European Commission aims to reach a trade agreement outline with the U.S. in the coming days, ahead of the August 1 deadline set by President Donald Trump for broad tariff increases. Jandura, President of the Federation of German Wholesale, Foreign Trade and Services (BGA), called for a stronger European single market to improve the EU's negotiating position and to cushion the economic impact of tariffs, alongside new trade agreements or the revision of existing ones. The U.S. was Germany's biggest trading partner in 2024 with two-way goods trade totalling 253 billion euros ($296.77 billion). Exports to the United States dropped 7.7% in May month on month, following a 10.5% decline in April, data showed on Tuesday. "The situation in foreign trade is dramatic and threatens to get worse," said Jandura. "The consequences of Trump's tariff policy are thus becoming ever clearer." ($1 = 0.8525 euros) Sign in to access your portfolio
Yahoo
10-07-2025
- Business
- Yahoo
German exporters don't want US trade deal 'at any price', says trade group
By Rene Wagner and Maria Martinez BERLIN (Reuters) -German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade lobby. "Our interests must be reflected in an agreement with the U.S.," Jandura said on Thursday in Berlin. "We need a fair deal for the whole of Europe. It must not be concluded at any price." The European Commission aims to reach a trade agreement outline with the U.S. in the coming days, ahead of the August 1 deadline set by President Donald Trump for broad tariff increases. Jandura, President of the Federation of German Wholesale, Foreign Trade and Services (BGA), called for a stronger European single market to improve the EU's negotiating position and to cushion the economic impact of tariffs, alongside new trade agreements or the revision of existing ones. The U.S. was Germany's biggest trading partner in 2024 with two-way goods trade totalling 253 billion euros ($296.77 billion). Exports to the United States dropped 7.7% in May month on month, following a 10.5% decline in April, data showed on Tuesday. "The situation in foreign trade is dramatic and threatens to get worse," said Jandura. "The consequences of Trump's tariff policy are thus becoming ever clearer." ($1 = 0.8525 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India Today
01-07-2025
- Business
- India Today
IIM Jammu 5th among 21 IIMs to secure two international accreditations
The Indian Institute of Management (IIM) Jammu has become one of the few Indian B-schools to earn two prestigious global accreditations in the same academic year. The institute secured a five-year institutional accreditation from the Business Graduates Association (BGA) and a three-year programme accreditation from the European Foundation for Management Development (EFMD) for its flagship MBA double recognition places IIM Jammu among the top five IIMs out of 21 to hold both BGA and EFMD accreditations, a rare feat for a second-generation BGA Peer Review Team, operating under the London-based Association of MBAs (AMBA), visited IIM Jammu in January 2025. They engaged in an extensive review involving leadership, faculty, students, alumni, and industry partners. Impressed by the institute's rapid growth, governance, and social impact, the team broke from precedent to award the full five-year accreditation -- typically reserved for much older ACCREDITATION CONFIRMS IIM JAMMU 'S GLOBAL VISIONIn March 2025, IIM Jammu hosted EFMD's Peer Review Team for programme-level accreditation of its on globalisation, practical relevance, and ethical education, the institute earned praise for its curriculum design, leadership approach, and student official three-year accreditation was confirmed during EFMD's board meeting in Austria on June 17, at IIM Jammu described the twin accreditations as both a recognition and a responsibility. 'This is a testament to our quality, vision, and global aspirations,' said Professor BS Sahay, Director of IIM Dr Milind P Kamble emphasised the institute's role in nation-building, aligning with the vision of a Viksit Bharat. The academic team highlighted how these recognitions will boost international collaboration and enhance India's global academic Jammu, with its achievements, has positioned itself not only as a fast-rising Indian B-school but also as a global institution shaping future-ready leaders through excellence, ethics, and innovation.- Ends
India Gazette
01-07-2025
- Business
- India Gazette
IIM Jammu 5th among all 21 IIMs to get two international accreditations in single year
Jammu (Jammu and Kashmir) [India], July 1 (ANI): The Indian Institute of Management (IIM) Jammu announced on Monday that it has achieved a historic milestone with the successful attainment of two prestigious international accreditations, BGA and EFMD, for its flagship MBA programme, within a single year. With this, IIM Jammu becomes the only second- and third-generation IIM, and one of just five among the 21 IIMs across the country, to secure both accreditations, underscoring its rapid ascent in the global higher education landscape, its director, Professor B S Sahay, said. He said that the accolades hold a deeper national significance, reflecting India's growing academic confidence on the global stage and mirroring the country's broader educational renaissance. In alignment with the vision of the Hon'ble Prime Minister Shri Narendra Modi for a Viksit Bharat--a fully developed, self-reliant, and globally engaged India--IIM Jammu emerges as a shining embodiment of this transformative journey. 'The Institute stands as a bridge between Indian intellectual traditions and world-class global academic standards, serving as a beacon of how Indian institutions can lead with knowledge, innovation, and ethical values. These dual accreditations are more than institutional achievements--they are powerful endorsements of India's evolving educational narrative on the global platform,' the IIM Jammu director said. 'This milestone is not the conclusion but the radiant beginning of a larger mission. With renewed clarity, unwavering confidence, and a deep sense of national responsibility, IIM Jammu remains committed to defining global benchmarks, nurturing socially responsible leaders, and driving transformation both nationally and internationally through knowledge, ethics, and service,' he added. (ANI)
