Tuesday , 11 February 2025
Home Forex Germany’s Scholz says the EU can act “in an hour” on tariffs
Forex

Germany’s Scholz says the EU can act “in an hour” on tariffs

German Chancellor Scholz — who isn’t long for government — was asked if the EU is prepared for possible US tariffs and said “yes, we can act in an hour.”

In reality, they will have a summit or two and make a mess of it.

He was asked about tariffs because Trump said something about reciprocal tariffs coming early this week. We’ll see what’s in the order.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Eurostoxx futures -0.1% in early European trading

German DAX futures -0.1%UK FTSE futures -0.1%The market mood is a little...

Europe should respond in a united manner to Trump’s tariffs, says French industry minister

Trump's latest tariff measures could have impact on French industryEurope should respond...

USD/CHF holds positive ground above 0.9100 ahead of Fed Chair Powell’s testimony

The USD/CHF pair trades in positive territory for the fourth consecutive day...

France ILO Unemployment registered at 7.3%, below expectations (7.5%) in 4Q

France ILO Unemployment registered at 7.3%, below expectations (7.5%) in 4Q