At the opening of the Hanover industrial trade fair on Sunday, March 30, German Chancellor Olaf Scholz stated that Europe is prepared to act as one if the United States imposes tariffs on steel and aluminum.
This year's trade fair, featuring Canada as its partner country, gave Scholz a platform to address growing trade tensions.
Scholz stressed the importance of concluding more free trade agreements quickly. “That is the right response at this time,” he said, advocating for economic cooperation over conflict.
Addressing U.S. President Donald Trump's protectionist “America First” policies, Scholz called for more free trade, stronger competitiveness, and greater technological sovereignty. “Trade wars hurt all sides,” he warned.
In a notable moment, Scholz defended Canada's independence in response to Trump’s past remarks about annexing Canada and referring to it as the 51st U.S. state.
“We stand by your side!” Scholz declared. “Canada is not a state that belongs to anyone else. Canada is a proud, independent nation.”
Despite his strong rhetoric, Scholz’s Social Democrats failed to secure enough votes in the February 23 snap elections to retain control of the chancellery. Since March 25, Scholz and his former cabinet have been serving in a caretaker role until a new government is formed.
Scholz’s speech signals that Europe is ready to defend its economic interests while promoting cooperation through free trade.
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U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
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Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman, detaining all 18 crew members on board.
Russian forces struck Ukraine’s southern port city of Odesa for a second consecutive day on Saturday (13 December), deploying Kinzhal hypersonic missiles for the first time in the conflict, Ukrainian authorities said.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
Police in Australia have confirmed 10 people including one of the alleged shooter in the incident in Bondi Beach have died while another perpetrator is in a serious condition.
Police in Berlin dispersed a protest on Saturday evening after around one thousand demonstrators gathered against alleged police violence.
Street clashes broke out for a second night in the Tunisian city of Kairouan after a man died following a police pursuit, raising fears of wider unrest as the country nears the anniversary of the 2011 revolution.
Turkish Foreign Minister Hakan Fidan says international cooperation is essential for Syria’s recovery as investment slowly begins to return despite the scale of destruction after years of conflict.
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday (13 December) that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
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