Headlines
Germany's Merz wants to use coming weeks to find solution to Trump tariff row
Published by Global Banking & Finance Review®
Posted on July 13, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 13, 2025
2 min readLast updated: January 22, 2026
Chancellor Merz is collaborating with EU leaders to resolve the Trump tariff dispute by August 1, aiming to prevent a 30% tariff on EU imports.
BERLIN (Reuters) -German Chancellor Friedrich Merz on Sunday said he will work intensively with French President Emmanuel Macron and European Commission President Ursula von der Leyen to resolve the escalating trade war with the United States.
"I discussed this intensively over the weekend with both Macron and Ursula von der Leyen," Merz told German broadcaster ARD, adding he had also spoken with U.S. President Donald Trump about the matter.
"We want to use this time now, the two and half weeks until August 1 to find a solution. I am really committed to this," Merz said.
President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal.
Merz said the German economy would be hit hard by the tariffs, and he was doing his best to make sure U.S. tariffs of 30% were not imposed.
Unity in Europe and a sensible dialogue with the American President were now needed, Merz said, although countermeasures should not be ruled out.
When asked if he would go along with counter-tariffs as proposed by France, Merz said: "Yes, but not before August 1."
(Reporting by John Revill and Andreas Rinke, editing by Thomas Seythal)
Chancellor Merz aims to find a solution to the tariff dispute with U.S. President Donald Trump in the coming weeks, specifically before August 1.
President Trump threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1.
Merz stated that the German economy would be hit hard by the tariffs, and he is committed to preventing their imposition.
Merz emphasizes the need for unity in Europe and a sensible dialogue with President Trump, while also considering countermeasures.
Merz indicated that he would support counter-tariffs, but not before the August 1 deadline.
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