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Home > Headlines > EU is strong if it acts in unison on Trump tariffs, German minister says

Headlines

EU is strong if it acts in unison on Trump tariffs, German minister says

Published by Global Banking and Finance Review

Posted on April 7, 2025

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BERLIN (Reuters) - German Economy Minister Robert Habeck talked up the strong position of the European Union in its trade dispute with the United States if only the bloc can respond in a united manner, in comments ahead of talks with his EU counterparts on Monday.

"The stock markets are already collapsing and the damage could become even greater. It is therefore important ... to act clearly and decisively and prudently, which means realising that we are in a strong position. America is in a position of weakness," Habeck said in Luxembourg.

"If every country is counted individually, and we have a problem here with red wine and there with whisky and pistachios, then it will all come to nothing," he added.

(Reporting by Rachel More, Editing by Miranda Murray)

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