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EU ready to respond to U.S. on trade tariffs, says Germany's Scholz

Published by Global Banking & Finance Review

Posted on March 30, 2025

2 min read

· Last updated: January 24, 2026

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EU ready to respond to U.S. on trade tariffs, says Germany's Scholz
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BERLIN (Reuters) - Europe wants to cooperate with the United States but the EU is ready to respond as one if Washington leaves it no choice by imposing tariffs on steel and aluminium, German

EU Prepared to Counter US Tariffs, Declares Scholz

BERLIN (Reuters) - Europe wants to cooperate with the United States but the EU is ready to respond as one if Washington leaves it no choice by imposing tariffs on steel and aluminium, German Chancellor Olaf Scholz said on Sunday.

Speaking at the opening of the Hanover industrial trade fair which this year has Canada as its partner country, Scholz also insisted that Canada is an independent country.

U.S. President Donald Trump has mused about annexing Canada and referred to the country as the 51st U.S. state.

"We stand by your side!" Scholz said, adding: "Canada is not a state that belongs to anyone else. Canada is a proud, independent nation."

Addressing Trump's plans to introduce tariffs, Scholz said his answer to "my country first" policies was more free trade, greater competitiveness and more technological sovereignty.

Scholz argued that Europe was not naive but also not weak, and said trade wars hurt all sides.

"So I say to the United States: Europe's goal remains cooperation. But if the U.S. leaves us no choice, such as with the tariffs on steel and aluminium, we as the EU will react as one".

(Reporting by Andreas Rinke; Writing by Madeline Chambers; Editing by Thomas Seythal)

Key Takeaways

  • EU is ready to respond to US tariffs on steel and aluminium.
  • Germany's Scholz emphasizes cooperation with the US.
  • Scholz supports Canada's independence amid US remarks.
  • Trade wars are detrimental to all parties involved.
  • EU aims for more free trade and technological sovereignty.

Frequently Asked Questions

What is the main topic?
The article discusses the EU's readiness to respond to US tariffs on steel and aluminium, as stated by Germany's Scholz.
How does Scholz view Canada's status?
Scholz insists that Canada is an independent nation, countering US remarks about annexation.
What is Scholz's stance on trade wars?
Scholz argues that trade wars hurt all sides and emphasizes the importance of cooperation and free trade.

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