Friedrich Merz emphasized the importance of a positive trade agenda with the US to benefit consumers on both sides, suggesting a renewed focus on free trade initiatives.
Merz highlighted that a new European-American initiative for joint free trade could thwart a potential dangerous escalation of tariffs that could harm economies.
Merz acknowledged a tough trade environment might arise post-Trump's inauguration, urging against retaliation through tariffs to maintain economic stability.
He proposed reducing corporation tax rates in Germany to around 25% to enhance the country’s attractiveness for business amidst changing trade dynamics.
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