German Chancellor Olaf Scholz has condemned U.S. President Donald Trump’s decision to impose tariffs on imported cars, calling it a misguided move that will ultimately harm global prosperity. “The U.S. has chosen a path at whose end lie only losers, since tariffs and isolation hurt prosperity, for everyone,” Scholz stated.
Scholz’s remarks came after Trump announced a 25% tariff on imported vehicles, a move that could have significant ramifications for international trade. Germany, along with the European Union, has reiterated its commitment to defending free trade, with the European Commission taking charge of ensuring that tariffs do not undermine the global economic framework.
Scholz’s comments reflect growing concerns among EU leaders that protectionist policies will lead to negative consequences not only for the U.S. but for all trading partners. The ongoing tariff dispute could further strain transatlantic relations and impact the broader global economy.
