German Chancellor: EU-US tariff negotiations enter final stage

Odaily Planet Daily News German Chancellor Merz said in Berlin on the 18th that the German economy has reversed the recession and is moving towards recovery. He also said that the tariff negotiations between the EU and the United States have entered the final stage. The two sides are still discussing whether to adopt differentiated policies for specific industries. He supports the European Commission's efforts to reach an agreement. "The lower the tariff, the more beneficial it is for both sides. The tariff will ultimately hurt everyone." He also said that the US tax and spending policies have put tremendous pressure on its own budget and may lead to serious fiscal deficits. (Jinshi)