In a stark warning that echoes concerns from economists and business leaders alike, German politician Friedrich Merz has criticized the recent tariffs imposed by the Trump governance, suggesting they could exacerbate existing economic tensions and potentially trigger a financial crisis. Merz, a prominent member of Germany’s Christian Democratic Union and advocate for fiscal responsibility, expressed apprehension that such protectionist measures could lead to retaliatory actions and disrupt global trade flows. His comments come amidst swirling uncertainties in the international market, as nations grapple with the repercussions of rising trade barriers and the lingering effects of the COVID-19 pandemic. As the global economy continues to navigate these turbulent waters, Merz’s remarks add to the growing discourse on the need for cooperative engagement over isolationist policies.
Source link : https://www.mondialnews.com/2025/04/14/germanys-merz-says-trump-tariffs-risk-fanning-a-financial-crisis-fortune/
Author : Caleb Wilson
Publish date : 2025-04-14 09:14:00
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