Scholz: Europe Will Retaliate “Within an Hour” If U.S. Imposes Tariffs

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Ahead of Germany’s upcoming election, Chancellor Olaf Scholz stated that Europe is ready to retaliate “within an hour” if the U.S. imposes tariffs. During a debate, Scholz confirmed that the EU has prepared a list of countermeasures, calling it a “list of cruelties.” This statement comes in response to ongoing threats from former President Donald Trump, who has repeatedly accused major U.S. trading partners of exploiting American prosperity through unfair trade practices.

As the German election, scheduled for February 23, draws closer, Scholz is trailing his conservative rival Friedrich Merz in the polls.

Source: Reuters