A senior political official in Germany said today that the European Union and Washington should further negotiate to suspend higher duties following the escalation of the US President Donald Trump’s trade war, through the threat of imposing European Union. “The game of negotiating poker between the European Union and the United States is entering a decisive phase,” Jurgen Hard, deputy chairman of the ruling party of the Christian Union of Chancellor Friedrich Merz in the German Parliament (German Parliament), told Reuters. “I bet that at least one partial agreement and a further suspension will be achieved before August 1st. Eventually higher duties will be paid by US citizens and companies, leading to higher prices and inflation in the US, “he explained. Source: RES
Source: News Beast
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