Germany, Friedrich Merz and Trump
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Trump threatens 30 percent tariffs on EU, Mexico
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Europe’s biggest economy on Sunday urged a tough EU response if the bloc is unable to strike a “fair deal” with the United States over trade tariffs. On Saturday, US President Donald Trump
July 13 (Reuters) - German Finance Minister Lars Klingbeil said on Sunday the European Union must take "decisive" measures against the United States if tariff negotiations fail to cool an escalating global trade war. Get a look at the day ahead in European and global markets with the Morning Bid Europe newsletter. Sign up here.
The European Union said on Sunday it would extend its suspension of countermeasures to US tariffs until early August and continue to press for a negotiated settlement, after US President Donald Trump ratcheted up his trade war on the bloc.
In an escalation of the trade war that has angered US allies and rattled investors, President Donald Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum posted on Truth Social.
Brexit: Most people in France, Germany, Italy and Spain want UK to rejoin EU, poll finds – but on new terms - Poll results after prime minister Keir Starmer welcomed the French president for the first
Only 19% in Italy, 19% in France, 21% in Spain and 22% in Germany said the UK should be welcomed back on those same terms. This compared to 58% to 62% saying the UK must adopt every key EU policy.
By John Revill (Reuters) -German Finance Minister Lars Klingbeil said on Sunday the European Union must take "decisive" measures against the United States if tariff negotiations fail to cool an escalating global trade war.
German Chancellor Friedrich Merz is working with EU leaders to prevent 30 percent U.S. tariffs before the August 1 deadline amid escalating trade tensions.