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German Chancellor: Unhappy with the trade agreement between Europe and the United States.
According to Jinse Finance, on July 28 local time, German Chancellor Merz expressed his dissatisfaction with the tariff agreement reached between the EU and the US. The 15% tariffs imposed by the US on EU goods will be a significant burden for Germany's export-oriented economy. However, Merz also acknowledged that the current tariff rate imposed by the US on EU goods has been halved from the 30% previously claimed by the US, and he cannot expect better results.