Chancellor Merz: Germany, U.S. Target Tariff Deal by Late Summer
Germany is pushing to finalize a new trade agreement with the United States before the end of summer, according to remarks by Chancellor Friedrich Merz.
Speaking to ARD, Merz indicated that a resolution to the ongoing U.S.–EU tariff dispute is expected in the coming months—a move that could provide significant relief to industrial and equity markets sensitive to trade developments.
The proposed deal builds on recent momentum from rare earth and export negotiations with China and shifts the focus toward transatlantic trade.
Key areas of the agreement are expected to include auto tariffs, steel and aluminum duties, and a potential “zero-for-zero” tariff swap.
A critical deadline looms: the current U.S. tariff pause is set to expire in early July, adding pressure for both sides to reach terms swiftly. Merz signaled that even if that deadline is missed, a full agreement may still be wrapped up by late summer.
The deal is seen as a diplomatic breakthrough in easing trade tensions and stabilizing export-heavy sectors such as automotive manufacturing, especially in Germany.
Kosta Gushterov
Reporter at Coindoo
Kosta kam 2021 zum Team und hat sich mit seinem Wissensdurst, seiner unglaublichen Hingabe und seiner analytischen Denkweise schnell einen Namen gemacht. Er deckt nicht nur ein breites Spektrum an aktuellen Themen ab, sondern schreibt auch bemerkenswerte Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wird auch von anderen Nachrichtenagenturen zitiert.
