Wednesday, March 05, 2025 | 10:33 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

No trade war yet with U.S. due to planned tariffs, German minister says

Image

Reuters BERLIN

BERLIN (Reuters) - German Economy Minister Brigitte Zypries said on Thursday a trade war had not yet erupted due to U.S. President Donald Trump's planned steel and aluminum tariffs but she said they were an irritation and the European Union should respond.

Speaking on German broadcaster ARD, the outgoing minister said: "I wouldn't say it's a clear-cut trade war now - it's not there yet if we're only talking about a few products."

But she added that the proposed tariffs amounted to "real irritation".

Trump was expected to sign a presidential proclamation to establish the tariffs on Thursday, but a White House official said later it could slide into Friday because documents had to be cleared through a legal process.

 

"All you can do is basically keep saying to Mr Trump: Leave it be because only free trade can ensure that the world's countries can work with each other really well and understand each other," Zypries said.

The European Union needs to respond if Trump imposes the tariffs and would have to file a complaint at the World Trade Organisation, Zypries said. But she also stressed that it was important to keep talking to the U.S. government.

(Reporting by Michelle Martin; Editing by Madeline Chambers and Toby Chopra)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 08 2018 | 1:43 PM IST

Explore News