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Why Merz warns Germany’s core industries are not insulated from Trump’s proposed tariffs | DW News

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In a stunning escalation of trade tensions, Germany’s Chancellor Fri Matz has issued a stark warning about the potential fallout from U.S. President Donald Trump’s proposed 30% tariffs on European Union goods. Speaking to ARD, Matz emphasized that these tariffs could devastate Germany’s core export industries, reshaping the nation’s economic landscape. “If these levies are imposed, we could set aside large parts of our economic strategy,” Matz declared, highlighting the urgency of the situation.

With a deadline looming on August 1, Matz is ramping up diplomatic efforts, engaging with European leaders to forge a united front against the looming threat. He described the tariffs as a negotiating tactic from Washington but acknowledged their potential to deliver a serious blow to Germany’s economy. “I represent Germany to ensure our voice is heard,” Matz stated, underscoring his commitment to safeguarding national interests.

As tensions rise, political analysts are closely watching Matz’s communication with Trump, who has shown a willingness to pivot on trade issues. However, the uncertainty surrounding Trump’s decisions has left many in Germany anxious about the future. “A solution needs to be found,” Matz urged, as he faces mounting criticism at home for focusing too heavily on international affairs just months into his chancellorship.

In a broader context, European leaders are adopting a cautious approach, vowing to retaliate if necessary but preferring negotiation over confrontation. The stakes are high as the EU, along with Mexico, braces for potential disruption from Trump’s aggressive trade policies. “Tariffs of this kind are not sustainable,” warned European Commission Chief Ursula von der Leyen, signaling that Europe is prepared to take decisive action to protect its interests.

As the clock ticks down, the world watches with bated breath. Will diplomacy prevail, or is a trade war on the horizon? The urgency of this situation cannot be overstated.

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