Impending trade war
Wadephul: Such tariffs do not help anyone
US President Donald Trump is back into attack mode in the customs dispute with the EU. Germany warns of the consequences for both sides.
Foreign Minister Johann WadePhul warned of the mutual consequences of a customs dispute with the United States. “I think such tariffs do not help anyone, but only lead to the fact that economic development in both markets would suffer,” said the CDU politician at a press conference with his Indian counterpart Subrahmanyam Jaishankar.
The reaction is now responsible for the European Commission. “She has our full support by wanting to keep our access to the American market,” WadePhul continued. It is about defending Europe and the European market, but also in the conversations with Washington to develop persuasiveness.
In the trade dispute with the European Union, US President Donald Trump had spoken out for punitive tariffs of 50 percent. This delivery for goods from the EU should come into force on June 1, the Republican wrote Truth Social on his online language tube. On the ongoing negotiations, Trump wrote that she did not lead to anything.
dpa
Source: Stern
