Merkel: The EU should unite to respond to US tariffs, not afraid of Trump's threats.

[Coin World][Former German Chancellor Merkel: The EU Should Not Fear US Tariffs] On July 2 local time, former German Chancellor Merkel, attending an event in Athens, Greece, stated that if the tariffs imposed by the Trump administration result in American citizens paying more for goods, then Trump will also be affected. Merkel emphasized that the EU must stand united and should not be afraid when Trump imposes more tariffs on the EU, but should retaliate with its own tariffs. The EU must negotiate with the US to resolve the tariff issue. US President Trump has threatened that if there is no breakthrough in US-EU trade negotiations by July 9, he will impose a 50% tariff on EU goods. Currently, the US imposes a 50% tariff on EU steel and aluminum products, a 25% tariff on the automotive sector, and a 10% Benchmark tariff on almost all other goods.