{"id":19088,"date":"2025-04-14T11:36:30","date_gmt":"2025-04-14T11:36:30","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/19088\/"},"modified":"2025-04-14T11:36:30","modified_gmt":"2025-04-14T11:36:30","slug":"germanys-finance-minister-warns-of-recession-risk-due-to-trump-tariffs-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/19088\/","title":{"rendered":"Germany\u2019s finance minister warns of recession risk due to Trump tariffs \u2013 POLITICO"},"content":{"rendered":"<p>Kukies dismissed the idea that Washington has gained the upper hand in trade talks after announcing the latest tariffs.<\/p>\n<p>\u201cThe willingness to negotiate existed long before the tariffs were announced,\u201d he said. \u201cI don\u2019t see that the U.S. has gained any great advantage.\u201d<\/p>\n<p>Kukies also backed the European Commission\u2019s strategy of  preparing tough countermeasures if talks fail, while offering to eliminate tariffs on industrial goods if the U.S. reciprocates. \u201cThere\u2019s a broad consensus in German politics behind this strategy,\u201d Kukies said.<\/p>\n<p>He also pointed to deteriorating sentiment in the U.S. economy. \u201cAll the reactions we\u2019re seeing from U.S. businesses and surveys indicate that the risk of recession is rising,\u201d he said. \u201cAnd in a downturn, tax revenues tend to shrink \u2014 not grow.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Kukies dismissed the idea that Washington has gained the upper hand in trade talks after announcing the latest&hellip;\n","protected":false},"author":2,"featured_media":19089,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[346,32,2000,299,1214,474,11070,1824,1195,475,479,1200,1201,5465],"class_list":{"0":"post-19088","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-cars","9":"tag-donald-trump","10":"tag-eu","11":"tag-europe","12":"tag-exports","13":"tag-finance","14":"tag-german-politics","15":"tag-germany","16":"tag-growth","17":"tag-imports","18":"tag-tariffs","19":"tag-tax","20":"tag-trade","21":"tag-u-s-economy"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114336116456820831","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/19088","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=19088"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/19088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/19089"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=19088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=19088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=19088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}