BERLIN: Further trade barriers must be avoided, a German economy ministry spokesperson said on Wednesday, after Washington announced higher import tariffs on hundreds of steel and aluminium products.
AI Brief
"It is clear that further trade restrictions must be avoided as a matter of urgency. That is our clear position on this," the spokesperson told a regular press conference in Berlin, adding that the German government had not received details on the new measures.
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AI Brief
- The US has expanded 50% tariffs to 407 steel and aluminum-related products, affecting global supply chains.
- German officials warn that more trade barriers could harm both EU and US economies and urge urgent restraint.
- Germany and the EU are monitoring the situation closely and may take unified action if trade tensions escalate further.
"It is clear that further trade restrictions must be avoided as a matter of urgency. That is our clear position on this," the spokesperson told a regular press conference in Berlin, adding that the German government had not received details on the new measures.
