German Finance Minister Lars Klingbeil told the parliament on Thursday, “we must respond to the US tariffs with unity and determination.”
“We expect that the negotiations … will lead to a good result, but I would also like to make it very clear that we are prepared to act if this does not succeed,” he said.
Market reaction
At the time of writing, EUR/USD is trading 0.32% higher on the day near 1.1210.
