German Chancellor Scholz — who isn’t long for government — was asked if the EU is prepared for possible US tariffs and said “yes, we can act in an hour.”
In reality, they will have a summit or two and make a mess of it.
He was asked about tariffs because Trump said something about reciprocal tariffs coming early this week. We’ll see what’s in the order.
This article was written by Adam Button at www.forexlive.com.
