Reported 1 day ago
German Chancellor Friedrich Merz has indicated that the EU may retaliate against US technology companies if trade tensions escalate with the Trump administration. While seeking to reduce tariffs and foster cooperation, Merz emphasized the need to protect European interests, especially due to the US's trade surplus in services. He cautioned that if necessary, the EU might implement tariffs on American goods, especially in light of Trump's threats of high tariffs that could negatively impact the US economy.
Source: YAHOO