Reported about 21 hours ago
German Chancellor Friedrich Merz expressed dissatisfaction with the recent EU-US trade deal, stating that the outcomes were less favorable than hoped and that the German economy would face significant harm due to the imposed tariffs. The deal includes a 15% import tariff on most EU goods, a reduction from the previously threatened 30% but still far from the desired zero-tariff agreement. Merz acknowledged that the remaining tariffs present serious challenges for Germany's export-driven economy.
Source: YAHOO