Merkel Warns 30% US Tariffs Could Devastate German Industry

Reported about 12 hours ago

German Chancellor Friedrich Merz has expressed grave concerns over US President Trump's threat of imposing 30% tariffs on European exports, stating it could severely impact the German economy if a resolution is not reached soon. To facilitate further discussions, the EU will pause countermeasures until August 1, during which time Merz is collaborating with other EU leaders and hopes to find a diplomatic solution before any tariffs are enacted.

Source: YAHOO

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