German family business company disturbed by US-China trade row


Located in the small, quiet southeastern German town of Ostfildern, Haenchen company is disturbed by the ongoing trade frictions between China and the United States.

“When tariffs rise, products become more expensive and usually less are bought,” Stefan Haenchen, general manager of the family business, told Xinhua in the wake of the latest flare-up of U.S.- China trade tensions, agency reports.

Earlier this month, Washington increased additional tariffs on 200 billion US dollars’ worth of Chinese imports from 10 percent to 25 percent, and has threatened to raise tariffs on more Chinese imports.