Merz Says 30% US Tariffs Would Hit German Industry to ‘Core'

2 days ago

German Chancellor Friedrich Merz said US President Donald Trump's threat of 30% tariffs would hit exporters in Europe's largest economy 'to the core,' if a negotiated solution in the trade conflict can't be found in the coming weeks.
The European Union will extend the suspension of trade countermeasures against the US until Aug. 1 to allow for further talks after Trump threatened a new 30% tariff rate against the bloc over the weekend.

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