German government monitoring tariff fallout 'very closely', spokesperson says
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Germany's government is closely monitoring the impact of US tariffs on financial markets, with Chancellor Scholz in talks with EU and UK leaders.
BERLIN (Reuters) - Germany's outgoing Chancellor Olaf Scholz is in touch with European leaders and German companies to make sense of U.S. President Donald Trump's sweeping tariff regime and its impact on financial markets, a government spokesperson said on Monday.
"We are of course monitoring the situation on the international financial markets very closely," the spokesperson told a regular press briefing in Berlin.
Scholz held talks in recent days with British Prime Minister Keir Starmer and EU trade commissioner Maros Sefcovic, with other meetings planned, the spokesperson added.
(Reporting by Rachel More, Editing by Miranda Murray)
The main topic is Germany monitoring the impact of US tariffs on financial markets.
Olaf Scholz is meeting with European leaders, including the UK Prime Minister and EU trade commissioner.
Germany is monitoring to understand the impact of US tariffs on international financial markets.
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