The coalition agreement between Germany's conservative CDU/CSU and center-left SPD represents a crucial step towards establishing a new government. Urged by geopolitical tensions and U.S. tariff policies, Friedrich Merz highlighted the importance of Germany's role in shaping global change. As it prepares to take office in May, the new coalition faces significant challenges, including dealing with Trump's import tariffs that have heavily impacted the already recession-hit German economy. The agreement emphasizes pursuing a medium-term free trade deal with the U.S. while aiming to avoid trade conflicts and reducing tariffs.
The incoming German government aims to aim for a medium-term free trade deal with the US while avoiding a trade conflict and reducing import tariffs.
Friedrich Merz of the CDU emphasized that the coalition's response to growing geopolitical tensions and challenges is a commitment to actively shape global change.
Lars Klingbeil from SPD heralded the coalition agreement as a historic moment, acknowledging that current times necessitate significant political action in response to international issues.
The coalition agreement underlines Germany's need to address economic vulnerabilities, particularly in light of the trade policies and tariffs imposed by the US administration.
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