German Vice Chancellor: EU-US tariff agreement must be fair, otherwise the EU will retaliate.

On the 8th local time, German Vice Chancellor and Finance Minister Olaf Scholz talked about the current tariff negotiations between the EU and the United States when he submitted the German budget to the German Federal Parliament. Scholz stated that the EU hopes to reach a tariff agreement with the United States, but this agreement must be fair, otherwise the EU will take retaliatory measures against the United States. German Vice Chancellor and Finance Minister Olaf Scholz said on the 8th that the US tariff hikes threaten jobs on both sides of the Atlantic, and this trade conflict is harmful to everyone and must be ended as soon as possible. The EU can only address global challenges through unity.