Quotes
We have to wait and see what the American government is planning. Apparently, it wants to present proposals at the Munich Security Conference next weekend … I’m very curious.”
Referring to a peace plan for Ukraine, Merz said in a televised debate on Sunday In any case, the announced tariffs will harm American producers and consumers in the end,
said Drago Patrlj, Croatian political analyst I hope we can avoid the misguided path of tariffs and counter-tariffs, as trade wars ultimately come at the expense of prosperity on both sides,
If the U.S. leaves us no other choice, the EU will respond with a united position,
he said in a speech to the Bundestag on Tuesday It is worth doing everything to avoid unnecessary trade and customs wars, because this brings negative consequences for producers and consumers,
Tusk said before a government meeting History shows that unilateral tariffs often provoke retaliatory measures, disrupting supply chains and undermining economic stability,
Hochschild noted, emphasizing that trade disputes We have to respond. We can’t just do nothing,
said one EU diplomat, who like others in this story was granted anonymity to discuss the sensitive matter You are the president who is standing up for the American steelworker, and I am just tremendously impressed and delighted to stand next to you.”
As he watched Trump sign an executive order, Lutnick said When he starts again now, then we will, of course, immediately reinstate our countermeasures,
Lange told rbb24 German radio Losing a significant part of these exports cannot be compensated for by EU exports to other markets,
It will further worsen the situation of the European steel industry, exacerbating an already dire market environment,
said Henrik Adam, president of the European Steel Association Ultimately, trade wars always cost both sides prosperity."
Motorcycles, jeans, peanut butter, bourbon, whiskey and a whole range of products that of course also affect American exporters" would be targeted
I know that this is going to come into effect, but we’re still unclear exactly the timing and the percentage and what sort of commodities are going to be impacted,
This stuff has already been getting more expensive over the past few years due to supply chain shocks and wildfires, and a huge proportion of our lumber comes from Canada,
The literature on this [tariffs] is abundantly clear,
Abigail Hall Blanco, an associate professor of economics at the University of Tampa in Florida, told DW He's thinking about industry-by-industry deals ... making it look like he's cracked open a market by getting the European Union to cut tariffs,
US domestic producers had to reduce employment because they couldn't produce [enough] cars [due to a lack of imported steel.] That was one of the things that incentivized [then-] President George W. Bush to start removing steel tariffs,
If you're someone who's just struggling to pay for the not-very-good car you have right now, it's a much heavier burden. If the price of an auto goes up by $1,000, your family just won't be able to buy one,
In 2018, there were deals made with Argentina, Brazil and Australia. So, there is still room for negotiation ... there will be exemptions for some countries for sure,
Inga Feschner, senior economist for Germany and global trade at Dutch bank ING, told DW
