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Home Breaking News
German economy faces 'substantial damage' from US-EU deal

German Chancellor Friedrich Merz makes a statement to journalists following a meeting of the security Cabinet of the German government at the Chancellery in Berlin on July 28, 2025. (Photo by John MACDOUGALL / AFP)

German economy faces ‘substantial damage’ from US-EU deal: Merz

AFP by AFP
July 28, 2025
in Breaking News
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German Chancellor Friedrich Merz said Monday that Europe’s biggest economy will face “substantial damage” from the US tariffs agreed as part of a trade deal between Brussels and Washington.

However Merz added that “we couldn’t expect to achieve any more” from the deal and that its negative effects “will not only be limited to Germany and Europe, but we will see the effects of this trade policy in America as well”.

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© Agence France-Presse

Tags: diplomacyeugermanytarifftradeus
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AFP, or Agence France-Presse, is a major international news agency headquartered in Paris, France. It is one of the world's oldest news agencies, founded in 1835. AFP provides news coverage in various formats, including text, photos, videos, and graphics, in multiple languages. The agency operates with a global network of journalists and regional hubs, aiming to deliver impartial and verified news worldwide.

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