Europe Warns U.S. Over Tariff Plans

Date:

Scholz says EU will respond if steel duties are imposed

German Chancellor Olaf Scholz warned Sunday that while Europe remains committed to cooperation with the United States, the European Union will act in unison if Washington pushes ahead with new tariffs on steel and aluminium.

Speaking at the opening of the Hanover industrial trade fair—where Canada is this year’s partner country—Scholz took direct aim at U.S. President Donald Trump’s protectionist agenda and comments about Canada’s sovereignty.

Canada is “not the 51st state”

Trump has recently referred to Canada as the “51st state” and floated the idea of annexation, prompting Scholz to issue a firm rebuke. “We stand by your side,” Scholz said. “Canada is not a state that belongs to anyone else. Canada is a proud, independent nation.”

Scholz’s comments were met with applause at the trade fair, which brings together major industrial players from around the world.

Response to U.S. protectionism

The chancellor also addressed Trump’s plans for imposing tariffs, reiterating Europe’s opposition to protectionism. “Our answer to ‘my country first’ is more free trade, greater competitiveness and more technological sovereignty,” Scholz declared.

He emphasized that Europe is not naive but also not weak. “Trade wars hurt all sides,” he said. “So I say to the United States: Europe’s goal remains cooperation. But if the U.S. leaves us no choice, such as with the tariffs on steel and aluminium, we as the EU will react as one.”

Scholz’s speech signals growing unease in Europe over the escalating trade tensions sparked by Trump’s aggressive tariff agenda, which has already disrupted global markets and strained transatlantic relations.

Share post:

Popular

More like this
Related

Brazil Coffee Exports to U.S. Plunge Amid New Tariffs

Shipments to Latin America surge as U.S. demand drops Brazilian...

Russia Cuts Rates Amid War Spending and Inflation Pressures

Central bank lowers rate to 17% to counter economic...

FTC Investigates AI Chatbots’ Impact on Children

Seven tech giants face inquiry over chatbot safety The Federal...

Opendoor Soars 78% After New CEO Appointment

Kaz Nejatian named CEO as company enters 'founder mode' Opendoor...