The Los Angeles Post
U.S. World Business Lifestyle
Today: April 24, 2025
Today: April 24, 2025

Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz

Press conference after CDU/CSU and SPD reached an agreement in coalition talks, in Berlin
April 09, 2025
Reuters - Reuters

BERLIN (Reuters) - Friedrich Merz, Germany's likely next chancellor, said U.S. President Donald Trump's pause of tariffs for 90 days was evidence of a united European approach to trade having a positive effect, and called for tariff-free U.S.-EU trade.

"Europeans are determined to defend ourselves and this example shows that unity helps most of all," he told TV show RTL Direkt in an interview following his conservative bloc's sealing of a coalition deal with the Social Democrats.

"Let's all set tariffs of 0% on transatlantic trade, and then the problem will be solved," he added.

(Reporting by Andreas Rinke, writing by Thomas Escritt)

Related Articles

Trading Day: Wall Street extends rebound as trade war fears subside Trump to exempt carmakers from some US tariffs, FT says Trump to exempt carmakers from some US tariffs, FT says Trump pushes training for skilled trades that do not require college
Share This

Popular

Business|Economy|Finance|US

Treasury secretary: China needs to change

Treasury secretary: China needs to change
Business|Economy|Technology

Hear what Musk told Tesla investors about his DOGE role going forward

Hear what Musk told Tesla investors about his DOGE role going forward
Business|Economy|Finance|Political|US

Trump goes after Federal Reserveโ€™s Powell again

Trump goes after Federal Reserveโ€™s Powell again
Business|Economy|Environment

Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests

Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests

Political

Education|Political|US

Republican Nancy Mace fields concerns over university funding during South Carolina town hall

Republican Nancy Mace fields concerns over university funding during South Carolina town hall
Education|Political

Head of NAACP disinvited from speaking to Texas state bar over suit against Trump administration

Head of NAACP disinvited from speaking to Texas state bar over suit against Trump administration
Economy|Environment|Political|US|World

FEMA losing roughly 20% of permanent staff, including longtime leaders, ahead of hurricane season

FEMA losing roughly 20% of permanent staff, including longtime leaders, ahead of hurricane season
Crime|Political|World

Justice Department brings first terrorism case against alleged high-ranking TdA gang member

Justice Department brings first terrorism case against alleged high-ranking TdA gang member