Tariff policy: While the United States has reduced tariffs, Germany has instead increased import duties on Chinese goods.
According to the Financial Times, German Chancellor Merz publicly voiced his support for the EU’s proposal to raise import tariffs on Chinese steel products to 50% after holding a steel summit at the Chancellery. After meeting with executives from Germany’s major steel companies, Merz stated:“These proposals are a step in the right direction. I will…









