{"id":130816,"date":"2025-05-25T14:11:08","date_gmt":"2025-05-25T14:11:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/130816\/"},"modified":"2025-05-25T14:11:08","modified_gmt":"2025-05-25T14:11:08","slug":"german-finance-chief-urges-serious-eu-us-talks-after-trump-tariff-threat-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/130816\/","title":{"rendered":"German finance chief urges \u2018serious\u2019 EU-US talks after Trump tariff threat \u2013 POLITICO"},"content":{"rendered":"<p>&#8220;This trade conflict is <a href=\"https:\/\/www.politico.eu\/article\/germany-powerful-finance-minister-lars-klingbeil-over-his-head\/\" data-type=\"link\" data-id=\"https:\/\/www.politico.eu\/article\/germany-powerful-finance-minister-lars-klingbeil-over-his-head\/\" target=\"_blank\" rel=\"noopener\">damaging everyone<\/a> and must be ended quickly,\u201d Klingbeil said.<\/p>\n<p>Klingbeil met Bessent at last week\u2019s summit of G7 finance ministers in Canada. In the Bild interview, the German minister stressed the need to deescalate tensions and <a href=\"https:\/\/www.politico.eu\/article\/germany-powerful-finance-minister-lars-klingbeil-over-his-head\/\" data-type=\"link\" data-id=\"https:\/\/www.politico.eu\/article\/germany-powerful-finance-minister-lars-klingbeil-over-his-head\/\" target=\"_blank\" rel=\"noopener\">find a political solution<\/a>, while at the same time also adding: \u201cAs Europeans, we are united and determined to represent our interests.\u201d<\/p>\n<p>Trump\u2019s threat to slap 50 percent tariffs on European goods sent <a href=\"https:\/\/www.politico.eu\/article\/trump-threatens-eu-with-50-percent-tariff-from-june-1\/\" target=\"_blank\" rel=\"noopener\">shockwaves<\/a> through European stock markets. The U.S. president had initially imposed a 20 percent tariff on April 2, later cutting it to 10 percent and giving 90 days to strike a deal.<\/p>\n<p>Friday&#8217;s ultimatum landed <a href=\"https:\/\/www.politico.com\/news\/2025\/05\/23\/trump-global-trade-war-apple-eu-00368401\" data-type=\"link\" data-id=\"https:\/\/www.politico.com\/news\/2025\/05\/23\/trump-global-trade-war-apple-eu-00368401\" target=\"_blank\" rel=\"noopener\">just hours before<\/a> a call by EU Trade Commissioner Maro\u0161 \u0160ef\u010dovi\u010d with U.S. Trade Representative Jamieson Greer and U.S. Commerce Secretary Howard Lutnick, seen as a last-ditch bid to avoid a full-blown trade war. After the call, \u0160ef\u010dovi\u010d urged &#8220;mutual respect, not threats&#8221; between the two side.<\/p>\n<p>The European Commission \u201cremains ready to work in good faith,&#8221; \u0160ef\u010dovi\u010d said in a\u00a0<a href=\"https:\/\/x.com\/marossefcovic\/status\/1926005845113852130?s=48\" target=\"_blank\" rel=\"noreferrer noopener\">post on social media<\/a>. At the same time, &#8220;we stand ready to defend our interests,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"&#8220;This trade conflict is damaging everyone and must be ended quickly,\u201d Klingbeil said. Klingbeil met Bessent at last&hellip;\n","protected":false},"author":2,"featured_media":130817,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[943,6178,32,474,1824,2441,1216,809,479,1201,1219,6717,49,978,659],"class_list":{"0":"post-130816","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-canada","9":"tag-conflict","10":"tag-donald-trump","11":"tag-finance","12":"tag-germany","13":"tag-markets","14":"tag-maros-sefcovic","15":"tag-negotiations","16":"tag-tariffs","17":"tag-trade","18":"tag-trade-war","19":"tag-transatlantic-relations","20":"tag-united-states","21":"tag-us","22":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114568880935240201","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/130816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=130816"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/130816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/130817"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=130816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=130816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=130816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}