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Berlin, Germany – February 24: Robert Habek, candidate of the German Party Zelenin, speaks with the media the day after the German parliamentary elections on February 24, 2025 in Berlin, Germany. The greenery finished fourth with 11.6% of the vote, which is 2.9% compared to the previous elections. (Photo by Shon Gallap/Getti Images)
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US President Donald Trump “cope with pressure” and change his tariff policy when German Economy Minister Robert Habek said on Thursday.
“This is what I see that Donald Trump will handle the pressure that he corrects his pressure ads, but the logical consequence is that he should also feel pressure,” he said during a press conference, CNBC reports.
“And this pressure should now be deployed from Germany from Europe in union with other countries, and then we will see who is stronger in this struggle,” Habek said.
Trump’s permission to preserve or try to reassure it will not be a successful strategy under any circumstances, he added, noting that the reaction should be “day of determination”.
Strategic plan, the tariff and trade war should avoid, but the question was how to get there, the Economy Minister said.
Habek also urged Europe to make strategic investments to become more independent – for example, improving its cloud infrastructure and expanding its artificial intelligence and space opportunities.
“We just can’t count on what is increasingly friendly to us,” he said, pointing out that she learned the lesson when the German economy has suffered greatly due to Russian energy after the war in Russia-Ukraine.
Germany paid “a high price for this blindness, for this economic and energy blindness”, and it should not repeat itself in “all other stories,” Habek said, believing that this is a task for a government government.
“Poorly thought out by decisions”
Elsewhere out of the German Chancellor Olaf Scholtz, he said he believed that Trump’s latest tariff decisions were “fundamentally wrong,” the CNBC said.
Skoltz said these measures are an attack on the world trading order, and the “poorly thought out” would lead to suffering for the global economy. The US administration goes on the way that will only lead to the losers, he added.
On Wednesday, Trump introduced 20% of levies to the European Union, including the main economy of the German bloc, as well as it signed The broad and aggressive policy of the “return tariff”.
Germany is widely regarded as one of the countries that can affect Trump tariffs, given the great economic dependence on trade.
The United States is the most important trading partner of Germany ahead of China, with trade and imports – at 252.8 billion euros (278.7 billion) in 2024, the German Statistical Service reports Destatatis. Last year, the United States was also the recipient of the largest share of German exports.
Index Dax By 10:42 am in London was the latter decreased about 1.6%, while German government bonds were sharply lower. Yield on 10-year collection was the last more than 7 basic points to 2.648% 2-year collection The output was applied more than 11 basic points to 1.93%.
EU prepares counteraction measures
Also, responding to the development of the White House, the President of the European Commission Ursul von der Leyen said that the European Union is preparing measures to confront the latest tariffs of US President Donald Trump if the negotiations do not receive.
“We’re ready to answer,” she said. “Now we are preparing for further countermeasures to protect our interests and our business if they do not receive negotiations.”
But background der Leyen also urged to switch “from confrontation to negotiations” because she suggested that it was not too late for the EU and the US talks
Germany Scholtz repeated a call for cooperation on Thursday and suggested that Europe would defend its interests.
“Europe will respond to a united, strong and proportional decision of the United States,” he said.
