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Germany's Scholz says EU can react to tariffs but favours cooperation

ReutersFeb 3, 2025 10:10 AM

- German Chancellor Olaf Scholz said on Monday that the European Union is strong enough to react to any tariffs imposed by the United States but the goal should be cooperation between the trade partners.

"It's clear that as a strong economic area we can shape our own future and react to tariff policies ... But the perspective and the goal should be that things result in cooperation," he said ahead of an informal EU leaders meeting in Brussels.

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