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Germany slams Trump tariffs, US tech titans in crosshairs
Germany slams Trump tariffs, US tech titans in crosshairs
Economy
by  AFP

German Chancellor Olaf Scholz on Thursday slammed sweeping new US tariffs as "fundamentally wrong" as Berlin warned that the European Union could retaliate by targeting American tech titans. US duties of 25 percent on imported cars also took effect Thursday, a huge blow for German titans like Volkswagen, Mercedes and BMW, for whom the United States is a major export market.