Milan, July 28 (LaPresse) – According to German Chancellor Friedrich Merz, the compromise in the tariff dispute between the EU and the United States will severely impact Germany’s export-driven economy. "The German economy will suffer considerable damage due to these tariffs," he said in Berlin, as reported by German media. At the same time, the impact won’t be limited to Germany and Europe: "We will see the consequences of this trade policy in America as well," he added. "There will not only be a higher rate of inflation, but also a disruption of transatlantic trade as a whole." "I strongly believe that these tariffs are not in the interest of the United States of America," Merz concluded.
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