German Chancellor Olaf Scholz has warned that the European Union is prepared to respond “within an hour” if the United States imposes tariffs. His statement came during a pre-election debate, where he affirmed that the EU has countermeasures ready.
Speaking in a televised debate against his conservative challenger Friedrich Merz, Scholz was asked whether the EU had a "list of cruelties" to retaliate against potential U.S. tariffs. He confirmed that Brussels is ready to act immediately if Washington moves forward with trade restrictions.
"Yes, to phrase it in the most cautious diplomatic way. We as the European Union can act within an hour," Scholz said.
President Donald Trump has repeatedly criticized the EU and other major trading partners, accusing them of benefiting unfairly from U.S. economic strength. His administration has threatened new tariffs, escalating concerns of a trade dispute.
Trade policy falls under the European Commission’s jurisdiction, meaning any retaliatory measures would be coordinated from Brussels. With Germany’s federal election set for February 23, Scholz’s strong stance on transatlantic trade comes amid efforts to bolster his position against Merz, who leads in the polls.
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President Donald Trump’s decision this morning to impose a new wave of U.S. import tariffs set off a flurry of statements from capitals around the world. While some governments secured last-minute concessions, others blasted the move as a destabilizing shock to the global trading system.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 1st August, covering the latest developments you need to know.
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President Donald Trump’s decision this morning to impose a new wave of U.S. import tariffs set off a flurry of statements from capitals around the world. While some governments secured last-minute concessions, others blasted the move as a destabilizing shock to the global trading system.
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