German financial minister: EU is at the moment negotiating from a place of weak spot
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German financial minister is on the wires saying:
- EU is at the moment negotiating from a place of weak spot and should change this.
- New tariffs deliver an infinite burden.
- Will measure US in opposition to commitments from Sunday.
- Can’t say how a lot of the USD $600 billion funding within the US will fall on Germany
US Commerce Sec. stated that Trump carried out a grasp class together with his negotiations with the EU however stated that over time, EU will acknowledge that they made a superb deal. Trump seems to be for reshoring or tariffs.
This text was written by Emma Wang at investinglive.com.
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