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Germany: New US tariffs an attack on the global trading system
[03/04/2025 04:54]
BERLIN-SABA
The German government has confirmed that the new tariffs announced by US President Donald Trump are an economic mistake and represent an attack on the global trading system.

Outgoing Federal Chancellor Olaf Scholz said in a statement on Thursday that the imposition of U.S. tariffs would hurt the entire global economy, both for businesses and consumers around the world and in the United States as well.


Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025

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