News World

German economy faces ‘substantial damage’ from US-EU deal: Merz

Energy crisis may force Germany to run coal plants longer: Merz
Source: Video Screenshot

German Chancellor Friedrich Merz said Monday that Europe’s biggest economy will face “substantial damage” from the US tariffs agreed as part of a trade deal between Brussels and Washington.

However Merz added that “we couldn’t expect to achieve any more” from the deal and that its negative effects “will not only be limited to Germany and Europe, but we will see the effects of this trade policy in America as well”.

Tags

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

Add Comment

Click here to post a comment