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The European Parliament has approved a new trade deal with the United States, a move that aims to prevent further tariff disputes. While the deal sets a 15% tariff on most goods, EU lawmakers have included backup plans in case the agreement falters, signaling a cautious approach to future trade relations.
German Opposition Leader Friedrich Merz has issued a strong warning to the United States, stating that Europe will retaliate with its own tariffs if the US imposes high duties, contrary to previous agreements. Merz also announced plans to seek strategic partnerships with China, signaling a potential shift in global alliances amidst growing frustration over US protectionist trade policies. His remarks underscore Europe's determination to defend its economic interests and explore alternatives in a volatile global landscape.
