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EU is strong if it acts in unison on Trump tariffs, German minister says
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
German Economy Minister highlights EU's strong position in US trade dispute, urging unity for effective response.
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)
The article discusses the EU's position in a trade dispute with the US over tariffs, emphasizing the need for a unified response.
Unity is crucial for the EU to effectively counter US tariffs and maintain a strong negotiating position.
Robert Habeck is the German Economy Minister who commented on the EU's trade strategy with the US.
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