A government figure, granted to anonymity to speak of a sensitive policy, told Politico that the key objective of negotiation, at least in the short term, will be the steep sectoral prices on steel and cars.
There is a certain optimism in the prospects of Great Britain to obtain an agreement on sectoral prices – but these hopes could easily be destroyed given Trump’s propensity to change his mind.
Poor Germany did not even have a government!
Trump’s World War World War of Trump of Trump has exerted great pressure on the new German Chancellor, Friedrich Merz, to quickly form a government capable of helping to forge a European response.
One of the main elections of Merz promises voters to revitalize the economy in difficulty of Germany, which contracted for two years in a row. But Trump’s pricing threats have a particular risk for the economy focused on Germany’s export, potentially neutralizing many economic initiatives from Merz even before it has the possibility of implementing them.
Merz now advocates an approach to carrot and stick with regard to Trump, supporting difficult countermeasures on new prices while putting pressure for a free trade agreement with the United States
“We are determined to retaliate, and you can see from this example that the (European) unit helps,” said Merz in a German television interview. But, he added, “the best thing we can do is come together in transatlantic trade and impose prices of 0%, then the problem will be solved.”
Gabriel Gavin, Andrew McDonald, James Angelos, Matt Honeycombe-Foster, Koen Verhelst and Joshua Berlinger contributed to this report.
Politices
