German VP Klingbeil Warns Against Trump Tariffs, Calls for EU-US Negotiations
German Vice-Chancellor and Finance Minister Lars Klingbeil has spoken out against US President Donald Trump's proposed tariffs, warning of potential harm to both US and European economies. Klingbeil called for de-escalation and targeted negotiations between the EU and the USA, with Europe united and determined for a fair deal.
Klingbeil plans to strengthen Europe's worldwide trade relations, focusing on strategic industries and initiatives like 'Buy European'. This aims to bolster European production and develop critical technologies such as semiconductors and batteries. He specifically mentioned Europe, China, and the USA as key players in this strategy.
The German government has responded to Trump's tariff threats by extending a hand for negotiations, but remains prepared to take countermeasures if necessary. It has set clear conditions to protect European jobs and companies, should fair negotiations fail.
Klingbeil's stance underscores Europe's commitment to free and rule-based trade, with a focus on strategic industries. The German government's response to US tariff threats demonstrates its resolve to defend European interests while keeping the door open for dialogue.
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