Tariff agreement with the US will be “asymmetrical,” says Germany Chancellor

by Andrea
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“If the service sector were included, the trade balance between the United States and Europe would be very different, but the US government will not accept it,” he said

Berlin (Reuters)-Any tariff agreement between the United States and the European Union will be “asymmetrical,” said German Chancellor Friedrich Merz on Friday.

“If the service sector were included, the trade balance between the United States and Europe would be very different, but the US government will not accept it,” Merz told a press conference.

“Therefore, we have to be prepared for an asymmetrical tariff agreement, but, once again, with the lowest possible rates for both sides,” he added.

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