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    Finance

    Germany's Merz hopes for relief after Trump tariff verdict but uncertainty lingers

    Published by Global Banking & Finance Review®

    Posted on February 21, 2026

    2 min read

    Last updated: February 21, 2026

    Germany's Merz hopes for relief after Trump tariff verdict but uncertainty lingers - Finance news and analysis from Global Banking & Finance Review
    Tags:European UnionGlobal markets

    Quick Summary

    Merz says Germany’s tariff burden should fall after the U.S. Supreme Court overturned much of Trump’s tariffs. He urges talks on refunds and vows an EU‑aligned stance ahead of his U.S. trip.

    STUTTGART, Germany, Feb 21 (Reuters) - German Chancellor Friedrich Merz said on Saturday he expected the burden on German companies to ease after the U.S. Supreme Court knocked down a large part of President Donald Trump's trade tariffs, but warned of the "poison" of more uncertainty.

    Speaking to several German broadcasters, Merz said he would closely coordinate with other European Union countries on a joint position ahead of his upcoming trip to the United States but would stress that the tariffs were harming the U.S.

    In a decision that will ripple through the global economy, the top U.S. court on Friday struck down Trump's sweeping tariffs imposed under a law meant for use in national emergencies.

    But while many businesses cheered, worries persist that the ruling may make trade relations even more messy after trade deals reached in difficult negotiations last year.

    When asked whether the tariff burden on Germany's economy would now ease, Merz told state broadcaster ARD: "I expect it, but above all, I hope it will be successful, and I want to try to make it clear to the American government that tariffs harm everyone."

    He added: "We will have a very clear European position on this, because tariff policy is a matter for the European Union, not individual member states, and I will go to Washington with a coordinated European position."

    Merz said the ruling appeared to leave sectoral tariffs such as those on cars, steel and aluminium in place, and noted that Trump had already imposed a new 10% levy on imports from all countries. Later on Saturday, Trump said he would raise it to 15%.

    "The biggest poison for the economies of Europe and the U.S. is this constant uncertainty about tariffs. And this uncertainty must end," Merz told the RTL broadcaster in a separate interview.  

    (Reporting by Andreas Rinke and Matthias Williams; Editing by Alex Richardson)

    Key Takeaways

    • •Merz expects Germany’s tariff burden to ease after the U.S. Supreme Court struck down major Trump-era tariffs.
    • •He said talks with Washington are needed before German firms can recoup potentially billions in paid duties.
    • •Tariff policy is an EU competence; Berlin will coordinate closely with European partners.
    • •Merz plans a U.S. trip and aims to present a unified European position in forthcoming discussions.
    • •Comments were made in Stuttgart in an interview with public broadcaster ARD.

    Frequently Asked Questions about Germany's Merz hopes for relief after Trump tariff verdict but uncertainty lingers

    1What is the main topic?

    Germany’s Chancellor Friedrich Merz anticipates a lower tariff burden after the U.S. Supreme Court overturned large parts of Trump-era tariffs, and he plans EU‑coordinated talks with Washington.

    2How could this affect German companies?

    If U.S. tariffs are rolled back, import costs on German goods should ease. Merz says firms may seek refunds for past duties, but details depend on upcoming talks with U.S. officials.

    3What are the next steps for the EU and Germany?

    Berlin will align with EU partners to craft a single negotiating stance. Merz will visit Washington to discuss implementation, refunds, and future trade terms.

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