Merz Says 30% US Tariffs Would Hit German Industry to ‘Core’

German Chancellor Friedrich Merz said US President Donald Trump’s threat of 30% tariffs would hit exporters in Europe’s largest economy “to the core,” if a negotiated solution in the trade conflict can’t be found in the coming weeks.

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US military threatens to blockade all Iranian ports starting on Monday

Vessels will still be able to transit the Strait of Hormuz to and from non-Iranian …