US EditionEU open to 'compromise' on US tariffs, says Scholz
- Amidst escalating disputes and potential tariffs planned by Donald Trump, German Chancellor Olaf Scholz addressed the situation at the opening of the Hanover Industrial Trade Fair on Sunday.
- Trump's 'my country first' policies and repeated comments about potentially annexing Canada as the 51st US state, along with existing US tariffs on steel and aluminium, created a tense backdrop.
- Scholz emphasized Canada's independent status as the partner country of the Hanover Industrial Trade Fair, reiterating that Canada is a proud, independent nation with friends in Germany and Europe.
- Scholz advocated for more free trade and cooperation with the United States, stating, "But if the US leaves us no choice, such as with the tariffs on steel and aluminium, we, as the EU, will react as one," while EU chief Ursula von der Leyen expressed deep regret over potential auto tariffs.
- Germany vowed a tough response to the tariffs, with a government spokesman stating that "nothing is off the table," signaling potential broader implications for trade relations and a commitment to collective action by the EU, despite Italy calling for a reasoned approach.
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58 Articles
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EU open to 'compromise' on US tariffs, says Scholz
BERLIN, Germany – German Chancellor Olaf Scholz on Sunday said the EU would respond firmly to tariffs announced by US President Donald Trump but stressed the bloc was also open to compromise. “It is clear that we, as the European Union… will react clearly and decisively to the United States’ tariff policy,” Scholz said ahead
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