German Premier: EU-US tariff negotiations enter final stage
2025-07-18 22:43:40
German Chancellor Angela Merz said in Berlin on the 18th that the German economy has turned around the recession and is on the way to recovery. He also said that the European Union and the United States are in the final stage of tariff negotiations. The two sides are still discussing whether to adopt differentiated policies for specific industries. He supported the European Union's efforts to reach a deal, saying that "the lower the tariff, the better for both sides, and the tariff ultimately hurts everyone". He also said that the tax and spending policies of the United States have placed huge pressure on its own budget and could lead to serious fiscal deficits.
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