Aid to soften US tariffs blow will fall to next German government, Berlin says
Published by Global Banking & Finance Review®
Posted on April 4, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 4, 2025
1 min readLast updated: January 24, 2026
German aid for US tariffs impact will be handled by the next government, as current officials assess industry concerns.
BERLIN (Reuters) - Measures to help German companies weather the impact of new U.S. tariffs will fall to the incoming government, a spokesperson for the economy ministry said on Friday.
Decisions on aid are "reserved for a new government," the spokesperson said, adding that outgoing Economy Minister Robert Habeck was meeting with companies and industry associations on Friday to ascertain "where they see the problems."
(Reporting by Friederike Heine, Editing by Miranda Murray)
The article discusses how the new German government will handle aid for companies affected by US tariffs.
Outgoing Economy Minister Robert Habeck and industry associations are involved in the discussions.
The current government is refraining from making aid decisions, leaving it to the incoming administration.
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