German Chancellor: EU-US tariff negotiations enter final stage

ChainCatcher news, according to German Chancellor Merz in Berlin, the German economy has turned around from recession and is moving towards recovery. He also stated that the tariff negotiations between the EU and the United States have entered the final stage. Both sides are still discussing whether to adopt differentiated policies for specific industries.

He supports the efforts of the European Commission to reach an agreement, "The lower the tariffs, the better it is for both sides; tariffs ultimately harm everyone." He also mentioned that the U.S. tax and spending policies have put immense pressure on its own budget, which could lead to a serious fiscal deficit. (Jinshi)