Berlin says trade barriers must be avoided after latest US tariff hike

Germany urges US to avoid more trade barriers after new tariffs on steel and aluminum warning of economic risks and strained relations. - REUTERS/Filepic
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
- 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.

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