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EU 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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Center

The Minister of Companies and Made in Italy Adolfo Urso: we need a new European industrial policy that restores competitiveness to our companies. EU countermeasures? 'We'd hurt ourself'

·Italy
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Right

Gian Marco Centinaio: “Countertariffs are suicide. Italy can mediate with Washington on behalf of the EU. On Kiev, Brussels genuflected to Biden: it's obvious that Trump is overriding us. After peace, ease sanctions on Moscow.” “European tariffs in response to American ones? If we do, you use us...

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Lean Right

Jean-Claude Juncker, the former President of the European Commission, gives his recipe to negotiate well with the US President, who will announce this week a whole new series of tariff increases.

·Paris, France
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El Economista broke the news in on Sunday, March 30, 2025.
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