Flooding in northeastern Spain/ Search begins for 2 missing people
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German Chancellor Friedrich Merz said today that US President Donald Trump's stance on 30% tariffs would hit exporters in Europe's largest economy "to the core" if a negotiated solution to the trade conflict could not be found in the coming weeks.
The European Union will extend the suspension of trade countermeasures against the US until August 1 to allow for further talks as Trump targets a new 30% tariff rate against the bloc.
If that were to happen, Germany's government might have to postpone parts of its economic policy efforts, Merz told public broadcaster ARD in an interview on Sunday.
"This would overshadow everything and hit the German export industry to the core," Merz said.
Merz said he was coordinating closely with other EU leaders to ensure that tariffs of such magnitude were not implemented.
The chancellor said she had discussed the issue intensively over the weekend with both French President Emmanuel Macron and European Commission chief Ursula von der Leyen, in addition to a phone call with Trump on Friday.
"We want to use this time now, these two and a half weeks until August, to find a solution. I am really committed to this," Merz said. /CNA
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