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German Chancellor: Unsatisfied with the EU-US trade agreement
According to Golden Finance, on July 28 local time, German Chancellor Merz expressed his dissatisfaction with the tariff agreement reached between the EU and the US. The 15% tariff imposed by the US on EU goods will be a significant burden for Germany's export-oriented economy. However, Merz also acknowledged that the current tariff rate imposed by the US on EU goods has dropped to half of the 30% previously claimed by the US, and he cannot expect a better outcome.