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German experts rebuke U.S. tariff strategy as key deadline looms

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German experts rebuke U.S. tariff strategy as key deadline looms

2025-07-07 17:30 Last Updated At:23:57

As the critical July 9 deadline nears for U.S.-EU trade talks, German experts have strongly criticized Washington’s erratic tariffs, warning of their destabilizing effects on the global economy, disrupted supply chains, and risks to key sectors such as steel.

German Chancellor Friedrich Merz has underscored the importance of achieving a constructive resolution, describing the negotiations as "a matter of vital European interest."

Across Germany, there is widespread criticism of the United States’ shifting positions, which many argue undermine trust and hinder international cooperation.

"The German industry has in fact lost trust in U.S. economic policy. Since President Trump took office, we have seen weekly announcements that create immense uncertainty. American citizens will be the first to bear the consequences, and of course, so will our own people. In sectors such as steel, for instance, German workers are already facing severe pressure on employment. We must find countermeasures to encourage the U.S. back onto a path of rational cooperation. If left with no other option, Europe will have to respond in kind," said Peter Nussbaum, chairman of the World Economic Council (WEC)-International Economic Senate (IWS). Meanwhile, German public opinion reflects growing unease over U.S. unilateralism, condemning its disruptive impact on global supply chains and long-term business strategies.

"The entire U.S. tariff strategy has shaken the foundations of global economic stability. And it's not just Germany, the whole world is dealing with the consequences. No one can make reliable predictions anymore. If the U.S. stays on this course, the result will be a lose-lose situation for everyone. I hope we all, including the Americans, can draw the same conclusion that this path only wrecks the global economy and does nothing for long-term growth or prosperity," said Felix Kurz, a German journalist.

German experts rebuke U.S. tariff strategy as key deadline looms

German experts rebuke U.S. tariff strategy as key deadline looms

German experts rebuke U.S. tariff strategy as key deadline looms

German experts rebuke U.S. tariff strategy as key deadline looms

Protesters filled Mexico City's Paseo de la Reforma on Saturday, rallying in solidarity with Venezuela and denouncing U.S. influence in Latin America.

The United States launched a large-scale military operation against Venezuela in the early hours of Jan 3, taking by force Venezuelan President Nicolas Maduro and his wife, Cilia Flores.

Holding numerous flags and banners while chanting slogans intermittently, a huge crowd of protesters criticized U.S. military actions against Venezuela and the unlawful control over President Maduro and his spouse, calling for respect for national sovereignty and regional peace.

"We oppose the U.S. intervention and hegemony towards the countries in Latin America. The United States has flagrantly trampled on international law, bombed Caracas and kidnapped the Maduro couple. The U.S. interventionism has become extremely blatant. We must firmly oppose and be highly vigilant, because this is not only related to a certain country, but also to all countries," said a protester.

"We demand that the United States stop interfering in Venezuela's internal affairs. The country must immediately cease its exploitation and plundering of the countries in Latin America," said another protester.

Protest erupts in Mexico City over US military operation in Venezuela

Protest erupts in Mexico City over US military operation in Venezuela

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