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Germany against Trump’s tariffs

Berlin, Mar 4 (Prensa Latina) German Economy Minister Robert Habeck today announced his rejection to US President Donald Trump's tariffs and proposed countermeasures.

He said that countermeasures will be issued by the European Union (EU) in case the United States finally implements the announced tariffs on European products.

The EU will not let itself be bullied, the politician said.

If President Trump imposes the announced tariffs on EU products, we will react with unity and self-confidence, he said.

According to US media today, the tariffs announced by Trump on products from China, Mexico and Canada went into effect at midnight (US local time).

China and Canada subsequently also announced the implementation of tariffs on products arriving from the United States.

The German minister said that they are heading towards an all-out tariff conflict.

After the unilateral and unfounded US tariffs against Canada, Mexico and China, now Canada and China are following their example.

The result is more unrest in the markets, higher inflation, higher prices and less investment security, he said.

Habeck added that Germany therefore supports the European Commission’s approach of finding a negotiated solution together with the U.S. government.

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