German Chancellor Merz says trade-tariff threats damage transatlantic relations; talks with US should always be based on Greenland's sovereign and territorial integrity
Importance
Level 1
- Preliminary signs of an economic recovery in Germany.
- Tariff increases would be paid by US citizens but would also harm the German and European economies.
- Germany and EU allies determined to avoid tariff escalation.
- Will try to meet with Trump on Wednesday.
- Do not want a trade conflict with US, but if are confronted with tariffs, EU will react.
- Tariffs benefit no one and hurt nearly everyone, and US economy is not going so good.
- Will seek a solution to avoid additional tariff burden.
- Confident that will reach a unified position at EU Summit on Thursday.
- Know Trump threatens tariffs but talks have also lead him to refrain from implementing them, that has been my strategy and will continue to pursue it.
- Coordinates very closely with Macron. France hit harder by US tariffs. Merz understands the need for a tougher stance.
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