Latest News

Scholz, a German politician, said that the EU is ready to respond to U.S. trade tariffs.

Olaf Scholz, German Chancellor said that while Europe is willing to work with the United States, the EU will respond in unity if Washington forces it to do so by imposing tariffs against steel and aluminum.

Scholz, who spoke at the opening ceremony of the Hanover Industrial Trade Fair which has Canada as a partner country this year, also insisted Canada is an independent nation.

Donald Trump, the president of the United States, has talked about annexing Canada. He also referred to it as the 51st state in the U.S.

"We are by your side!" Scholz added: "Canada does not belong to anyone." Canada is an independent, proud nation.

Scholz, in response to Trump's plan to introduce tariffs on imports, said that his solution to Trump's "my country comes first" policy was to increase free trade, competitiveness, and technological sovereignty.

Scholz said that trade wars are bad for all parties.

"So, I tell the United States that Europe's goal is cooperation. If the U.S. does not give us a choice, as they did with the steel and aluminum tariffs, the EU will act as one.

(source: Reuters)