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Germany, Canada reiterate opposition to US tariffs.
[04/02/2025 12:12]
BERLIN-SABA
Germany and Canada renewed today, Tuesday, their opposition to the tariffs that the new US administration began imposing on imports from abroad.

Germany's Federal Economy Ministry said in a statement that "German Economy Minister Robert Habke and his Canadian counterpart Mary Ng discussed the U.S. tariffs and agreed to oppose them."

She added that the two ministers discussed the "risks" that would result from the imposition of these tariffs, as well as the file for Canada to assume the presidency of the Group of Seven industrialized countries (G7).

They affirmed their governments' commitment to common denominators on world trade and their position that industrialized countries entering the cycle of tariffs and counter-tariffs "would cause all parties to lose", she said.

For his part, the statement quoted the German minister as warning against imposing tariffs on goods exported from the European Union to the United States, stressing his country's readiness to "impose counter-tariffs."


Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May
U.S. President plans to increase tariffs on steel, aluminum imports
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs
IsDB sings financing agreements worth over$1 billion
GDP grows 0.3 percent in Eurozone, EU in 1Q

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