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EU must be ready to counter US tariff hike

Germany finance minister: EU must be ready to counter US tariff hike

July 13 (Reuters) - German Finance Minister Lars Klingbeil said on Sunday the European Union must take "decisive" measures against the United States if tariff negotiations fail to cool an escalating global trade war. Get a look at the day ahead in European and global markets with the Morning Bid Europe newsletter. Sign up here.

Free Malaysia Today on MSN · 8h

EU must be ready for decisive action over US tariffs, says Germany

Germany, Europe’s biggest economy, is a big exporter to the US, where it sells vehicles and automotive components, machinery and pharmaceuticals. In 2024 it sold goods worth €161 billion euros to the US, running a trade surplus of nearly €70 billion, according to German government data.

The Business Standard · 4h

EU holds off on US tariff countermeasures for now to pursue talks

The European Union said on Sunday it would extend its suspension of countermeasures to US tariffs until early August and continue to press for a negotiated settlement, after US President Donald Trump ratcheted up his trade war on the bloc.

Merz, Germany and Tariffs

Reuters on MSN · 3h

Germany's Merz wants to use coming weeks to find solution to Trump tariff row

German Chancellor Friedrich Merz on Sunday said he will work intensively with French President Emmanuel Macron and European Commission President Ursula von der Leyen to resolve the escalating trade war with the United States.

Barron's · 2h

Germany's Merz Says Tariffs to Hit Hard

German Chancellor Friedrich Merz told the broadcaster ARD that President Trump's threat of 30% tariffs on goods from the European Union as of Aug. 1 would hit the German export industry "to the core," and he vowed to work toward a solution.

Bloomberg on MSN · 3h

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

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.

Trump threatens 30 percent tariffs on EU, Mexico

The New York Times · 5h

How Trump’s Latest Tariff Threat Risks Deeper Damage to Europe’s Economy

Economists had already downgraded growth for the European Union, and the new duties would hit industries there especially hard. Companies are looking for ways to blunt the impact.

Politico · 1d

Trump threatens 30 percent tariffs on the EU, Mexico

President Donald Trump on Saturday threatened 30 percent tariffs on two major U.S. trading partners — the European Union and Mexico. In letters posted to Truth Social, the president said each country would face the new tariffs starting Aug.

The Financial Times · 6h

EU pauses trade retaliation against US after Trump’s 30% tariff threat

The EU will delay its plan to hit the US with tariffs on €21bn of its annual exports to Europe on Tuesday in the hope of coming to an agreement after Donald Trump announced that he would hit the bloc with 30 per cent tariffs from August 1.

15hon MSN

Trump tariffs: How Germany, France, Spain reacted to 30% rate threat; Macron calls on EU to ‘defend European interests’

In an escalation of the trade war that has angered US allies and rattled investors, President Donald Trump announced the ...

4don MSN

Germany accuses China of laser targeting aircraft in EU mission

Germany summoned the Chinese ambassador to the Foreign Ministry on Tuesday after saying China’s military had laser targeted a ...

Ukrainska Pravda on MSN3d

Germany's Merz urges Ukraine to stay on course of reforms on path to EU membership

German Chancellor Friedrich Merz has called on Ukraine to continue moving forward with reforms to ensure its successful ...

Vox4mon

Do the US and Europe still need each other? | Vox

The European Union needs to come together, and that’s been a challenge. The nations of the European Union have mostly been able to agree on issues like agriculture, fishing, and economic policies.

Germany’s Autobahn Cracks After Heat Wave Hits Europe

Germany will carry out emergency repairs on its autobahn this weekend after extreme heat in recent days blew up large chunks ...

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