Volker Treier

Based on the provided snippets, Volker Treier is likely an economic expert or representative of a German industry association. He is newsworthy due to his commentary on current economic challenges. Specifically, he is quoted regarding the impact of supply chain disruptions in the Strait of Hormuz on energy costs, stating that consumers should expect rising costs and a slowdown in economic growth. Additionally, he is mentioned in connection with European industry's response to Donald Trump's trade demands related to Greenland. He criticizes these demands as "ludicrous" and warns of the "enormous" costs that additional tariffs would impose on German and European industries, particularly the auto industry. He advocates for a coordinated response from Brussels. Treier's relevance stems from his insight into the economic consequences of geopolitical events and trade disputes on European industry and consumers.