German officials express cautious optimism regarding the ongoing trade dispute with the United States. Johann Wadephul, Federal Minister for Foreign Affairs, conveyed confidence that a resolution can be reached, suggesting the potential for de-escalation. He emphasized that the United States will carefully assess the ramifications of broadening the conflict to encompass the entire European Union, highlighting the potential for increased costs for American consumers.
Wadephul dismissed concerns about a potential fracturing of the EU’s unified stance, noting that some member states are advocating for even more assertive measures. He reiterated the belief that a negotiated settlement with the US remains achievable, underscoring the unity within Europe. Ultimately, the German government’s preference is for a complete elimination of tariffs.
The Minister affirmed the German Chancellor’s significant engagement in addressing the issue, assuring citizens that Germany’s and European interests will be diligently defended in Washington.