US metals tariffs due to take effect – Saudi Arabia bidding to become a tourism hotspot
The EU doesn't want to just put up with Donald Trump's higher import tariffs and is mulling retaliatory measures. But German firms, in particular, fear that no one would profit from an escalation of the situation.
Germany's Angela Merkel sharply criticized Donald Trump's decision to retract his endorsement of the G7 communique. The German chancellor said the EU would continue preparing countermeasures to US metal tariffs.
The United States has made true on its promise to hit the European Union with higher import tariffs on steel and aluminum. But there needs to be a distinction between bluster and true inequality says DW's Timothy Rooks.
The Trump administration has pushed back its decision on tariffs for steel and aluminum from the European Union and other US allies until June 1. Other countries have managed to secure deals for permanent exemptions.
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