US tariff
Scholz to Canada: “We stood by your side!”
Commercial war with the USA? Canada is looking for new partners in Europe. Scholz assures support and criticizes Trump’s customs policy.
In the dispute over US tariffs, managing Chancellor Olaf Scholz Canada strengthens her back. “We stood by your side!” (German: “We are on your side!”), Saight politician said at the opening ceremony of the Hannover Messe. Canada is the partner country of the world’s largest industrial show this year.
The country is faced with tariffs of his most important trading partner after the take office of US President Donald Trump and is now looking for new partners in Europe at the fair. “Canada has friends all over the world – and a particularly large number of them here in Germany and Europe,” said Scholz.
The answer to foreclosure, tariffs and “America First” (“America first”) is: more free trade, more competitiveness and more technological sovereignty. “A look at the markets and stock exchange courses shows that we are not currently on the wrong track with our customs policy,” said Scholz. Trade wars are not really to be won, even for the United States.
dpa
Source: Stern
