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01:44
Germany: Trump tariffs threaten global trade, US-EU relations: German residents
U.S. President Donald Trump's imposition of tariffs is a protectionist move that poses a threat to global trade and undermines relations between the United States and the European Union, said German residents. Trump on Wednesday signed an executive order on the so-called "reciprocal tariffs", imposing a 10-percent "minimum baseline tariff" on all trading partners and higher rates on certain countries and products. The order took effect Saturday, leaving all imports to the U.S. subject to 10 percent additional tariffs, except as otherwise provided. Trump will also impose an "individualized reciprocal higher tariff" on the countries and regions with which the United States "has the largest trade deficits", according to a White House document. This will take effect on April 9. "I don't think this will have any positive impact on world trade. On the contrary, I think the world trade will suffer a huge loss. Now we can see that the stock market has fallen. We are wondering what Trump wants to achieve by this move. I share a similar view with Many people I know share the similar view: what is happening in the United States can no longer be described through reason," said a woman. "The U.S. imposition of tariffs is protectionism. It is isolating itself and wants to produce and sell everything itself. I don't think this approach will succeed and the whole process will ultimately backfire," said a man. Since Trump took office as the president again in January this year, the United States has applied much pressure on the EU, diverging greatly from the latter on the Ukraine issue and imposing additional tariffs on its European partners. "I think it will affect the relationship between the U.S. and the EU. In particular, the interests of European countries such as Germany are being seriously damaged. I think our costs of living will become more expensive overall, and the long-standing friendship we have with the United States after the World War II is facing serious danger," said the man. SHOTLIST: Berlin, Germany - Recent 1. Various of Reichstag building, national flags of Germany, EU; 2. SOUNDBITE (German) Resident (name not given): "I don't think this will have any positive impact on world trade. On the contrary, I think the world trade will suffer a huge loss. Now we can see that the stock market has fallen. We are wondering what Trump wants to achieve by this move. I share a similar view with Many people I know share the similar view: what is happening in the United States can no longer be described through reason."; 3. Various of tourists, buildings, traffic; 4. SOUNDBITE (German) Resident (name not given): "The U.S. imposition of tariffs is protectionism. It is isolating itself and wants to produce and sell everything itself. I don't think this approach will succeed and the whole process will ultimately backfire."; 5. Various of traffic; 6. SOUNDBITE (German) Resident (name not given): "I think it will affect the relationship between the U.S. and the EU. In particular, the interests of European countries such as Germany are being seriously damaged. I think our costs of living will become more expensive overall, and the long-standing friendship we have with the United States after the World War II is facing serious danger."; FILE: Washington D.C., USA - October 2024 7. White House; FILE: Berlin, Germany - February 2025 8. Various of national flag of Germany, Reichstag building. [Restrictions: No access Chinese mainland]
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