Germany and the EU are preparing €22 billion in retaliatory tariffs against the US. Finance Minister Jörg Kukies warns of a potential 15% decrease in German exports, emphasizing the need for fair trade negotiations to avert escalating tensions.
The EU’s tariffs focus on key sectors, aiming to strategically pressure Republican-supporting states. The European Commission notes these measures can be suspended if the US agrees to a balanced trade resolution, reflecting ongoing trade policy strategies.
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