German Chancellor elect: Trump tariffs increase risk of financial crisis

BlockBeats News: On April 13th, German Chancellor elect Mertz stated that Trump's tariff policies have increased the risk of a financial crisis and advocated for a US Europe free trade agreement. He said, 'I hope to reach a new transatlantic free trade agreement that imposes zero tariffs on everything, which is good for both sides.' The EU has proposed imposing 'zero to zero' equivalent tariffs on US industrial products. Trump told reporters on Monday that this proposal is not enough and suggested that Europe should offset tariffs by purchasing American energy. Mertz said that if the United States decides to completely withdraw from global trade, Europe will have to focus on non US markets. Mertz said, "Trump's policies are increasing the risk of the next financial crisis coming early. We Europeans need to come up with convincing countermeasures