German Economy Minister Robert Habeck has strongly condemned the newly announced US tariffs, warning that they could trigger an economic downturn, lead to a global recession, and disrupt international trade.
Habeck, a member of the Green Party, reacted to US President Donald Trump's announcement on Wednesday of sweeping tariffs against multiple countries and economic regions, including the European Union. The tariffs include a 20% surcharge on imports from the EU, while other nations face a minimum rate of 10%.
“For US consumers, this will be Inflation Day rather than Liberation Day,” Habeck stated, criticizing the move as detrimental to both European and American economies. He further warned that the tariffs could create a downward economic spiral with severe global repercussions. “The US tariff mania could trigger a downward spiral, dragging countries into recession and causing massive damage worldwide—with severe consequences for many people,” he added.
Habeck reiterated Germany's position, highlighting that the EU has consistently advocated for negotiation rather than confrontation with the US administration. “This remains the right approach,” he said. "It’s good that the European Commission continues to aim for a negotiated solution with the US. There's still some time. But if the US doesn’t want a negotiated solution, the EU will provide a balanced, clear, and determined response.”
The German minister also stressed the importance of solidarity among EU member states in addressing the tariffs, noting that “we have the largest common internal market in the world. We must use this strength.”
Greece has ruled out accepting refugee returns from Germany, citing overwhelming migration pressure and a lack of burden-sharing within the EU.
For three generations, the Liebigs built railcars in Görlitz. Now, the factory that shaped their lives will produce parts for battle tanks.
Russia warned that German-supplied Taurus missiles targeting its infrastructure would amount to direct German involvement in the Ukraine conflict.
Oman, the Netherlands, and Germany have signed an agreement to establish the world’s first liquid green hydrogen import corridor, linking Oman’s Duqm port with Amsterdam and Duisburg. The project aims to supply Europe with renewable hydrogen, supporting clean energy goals.
Germany has unveiled a new military aid package for Ukraine, reinforcing its support in the war against Russia.
A massive explosion at Shahid Rajaee Port in southern Iran on Saturday killed at least four people and injured nearly 600 others, officials said, prompting an urgent government investigation.
Saudi Arabia on Friday unveiled its annual report highlighting the Kingdom’s advancements toward achieving the ambitious goals of Vision 2030 during the year 2024.
Two construction workers were critically injured Friday when suspected World War II-era ordnance exploded at a site near Slovenia’s capital, Ljubljana, police said.
Turkish Foreign Minister Hakan Fidan is set to visit Qatar on Sunday to discuss ways to deepen bilateral ties and coordinate on key regional matters, continuing the momentum from recent diplomatic exchanges.
Top Iranian and U.S. negotiators began a new round of indirect talks on Saturday in Muscat, seeking to broker a deal to curb Tehran's nuclear programme, as President Donald Trump expressed optimism about reaching an agreement.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
A deadly attack targeting tourists in India’s Jammu and Kashmir territory has left at least 20 feared dead, marking the deadliest incident against civilians in the region for years, according to security sources.
A massive explosion at Shahid Rajaee Port in southern Iran on Saturday killed at least four people and injured nearly 600 others, officials said, prompting an urgent government investigation.
Two construction workers were critically injured Friday when suspected World War II-era ordnance exploded at a site near Slovenia’s capital, Ljubljana, police said.
Turkish Foreign Minister Hakan Fidan is set to visit Qatar on Sunday to discuss ways to deepen bilateral ties and coordinate on key regional matters, continuing the momentum from recent diplomatic exchanges.
Top Iranian and U.S. negotiators began a new round of indirect talks on Saturday in Muscat, seeking to broker a deal to curb Tehran's nuclear programme, as President Donald Trump expressed optimism about reaching an agreement.
Foreign ministers from Central Asia and China gathered in Almaty, Kazakhstan, on Saturday for the sixth meeting under the Central Asia-China format, aiming to deepen regional cooperation and address shared challenges.
A massive explosion at Shahid Rajaee Port in southern Iran on Saturday killed at least four people and injured nearly 600 others, officials said, prompting an urgent government investigation.
Saudi Arabia on Friday unveiled its annual report highlighting the Kingdom’s advancements toward achieving the ambitious goals of Vision 2030 during the year 2024.
Two construction workers were critically injured Friday when suspected World War II-era ordnance exploded at a site near Slovenia’s capital, Ljubljana, police said.
Turkish Foreign Minister Hakan Fidan is set to visit Qatar on Sunday to discuss ways to deepen bilateral ties and coordinate on key regional matters, continuing the momentum from recent diplomatic exchanges.
Top Iranian and U.S. negotiators began a new round of indirect talks on Saturday in Muscat, seeking to broker a deal to curb Tehran's nuclear programme, as President Donald Trump expressed optimism about reaching an agreement.
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