E.U.-U.S. Pact

At Businesses, Strong Support for TTIP

Nicola Leibinger-Kammueller_dpa
Nicola Leibinger-Kammüller of German company Trumpf supports TTIP.
  • Why it matters

    Why it matters

    The majority of German businesses back the trans-Atlantic trade deal, TTIP, which enters its next round of talks later this month.

  • Facts

    Facts

    • Talks on TTIP began in 2013 and the next rounds of the negotiations are taking place in New York from April 25 to 29.
    • Around 90 percent of German family-owned businesses support the deal, according to Die Familienunternehmer association.
    • Public opinion in Germany is hostile, with only 39 percent for the deal and 41 percent against, according to a 2015 Pew Research survey.
  • Audio

    Audio

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When Nicola Leibinger-Kammüller wants to move materials from one part of her company to another, she has to pay customs fees.

Her company, Trumpf, which makes machine tools, lasers and electronics, often ships items from Germany to her subsidiary in the United States and vice-versa, and the transfers are subject to tariffs.

Trumpf, which is based in the southwestern town of Ditzingen in Baden-Württemberg, has 11,000 employees globally and last year generated revenue of €2.72 billion, or $3.1 billion.

Ms. Leibinger-Kammüller, who took over the management of her family’s business in 2003, says she pays €7 million annually to U.S. tax authorities for shipments to and from the company’s U.S. subsidiary.

That is why she is one of the many German business owners who hope that progress can be made in the next round of negotiations over the Trans-Atlantic Trade and Investment Partnership, or TTIP, between the United States and the European Union, which take place later this month.

“TTIP is very important for us,” Ms. Leibinger-Kammüller told Handelsblatt Global Edition. “It is not the one – but one of many trade agreements with the United States that we should support and that many small and medium-sized businesses in Germany will benefit from.”

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