{"id":16374,"date":"2025-04-13T11:28:07","date_gmt":"2025-04-13T11:28:07","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/16374\/"},"modified":"2025-04-13T11:28:07","modified_gmt":"2025-04-13T11:28:07","slug":"trump-tariffs-increase-risk-of-financial-crisis-germanys-merz-warns-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/16374\/","title":{"rendered":"Trump tariffs \u2018increase risk\u2019 of financial crisis, Germany\u2019s Merz warns \u2013 POLITICO"},"content":{"rendered":"

The tariff regime announced by Trump has sent markets reeling<\/a> in the last 10 days over widespread fears of a looming recession. Trump eventually paused<\/a> part of the measures and then on Friday exempted smartphones<\/a>, computers and other electronics from his reciprocal duties. \u00a0<\/p>\n

Merz’s center-right Christian Democratic Union struck a deal <\/a>with the center-left Social Democratic Party for a coalition government last week, setting their sights on starting their work on May 6 as pressure from Washington is mounting.<\/p>\n

Merz’s goal is a new transatlantic free trade agreement<\/a> with zero tariffs; but he also wants to negotiate trade deals with countries like Canada, South Korea and India. He lamented the fact that the EU-U.S. Transatlantic Trade and Investment Partnership negotiated in the 2010s never got to the finish line.<\/p>\n

Germany is open to importing American gas, he said. <\/p>\n

Europe must present a united front against the U.S.<\/a>, and seize the opportunity to move forward with key reforms, he said. A top priority is unifying capital markets, where there will be a “new dynamic” in the coming months, following discussions Merz has had with France’s Emmanuel Macron, Poland’s Donald Tusk and the U.K.’s Keir Starmer.<\/p>\n

Merz also reiterated some agreement with Trump, saying the EU hasn’t been spending enough on defense. “We have been free riders of the Americans,” Merz said.<\/p>\n","protected":false},"excerpt":{"rendered":"The tariff regime announced by Trump has sent markets reeling in the last 10 days over widespread fears…\n","protected":false},"author":2,"featured_media":16375,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[943,9654,6659,473,32,5898,34,35,2000,299,36,1945,5435,11070,1824,730,807,2441,525,479,1201,6862,49],"class_list":{"0":"post-16374","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-canada","9":"tag-capital-markets","10":"tag-crisis","11":"tag-defense","12":"tag-donald-trump","13":"tag-donald-tusk","14":"tag-emmanuel-macron","15":"tag-energy","16":"tag-eu","17":"tag-europe","18":"tag-france","19":"tag-friedrich-merz","20":"tag-gas","21":"tag-german-politics","22":"tag-germany","23":"tag-india","24":"tag-keir-starmer","25":"tag-markets","26":"tag-south-korea","27":"tag-tariffs","28":"tag-trade","29":"tag-trade-agreements","30":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114330422696894635","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/16374","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=16374"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/16374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/16375"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=16374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=16374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=16374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}