Deflation: Habeck warns against falling prices because of Trump tariffs

As an effect of Trump's tariffs, Robert Habeck considers falling prices in Germany to be possible. One reason is the possible "market flood with cheap products. That is a great danger for German industry. He cannot understand the passion for the word "disruptive".

US President Donald Trump has issued new tariffs against its trading partners around the world. From now on, flat-rate tariffs of ten per cent will...

The announcement by US President Donald Trump to impose drastic new tariffs on imports has provoked immediate reactions in Europe. ... The post "Comparable: Habeck draws parallels between Trump's tariff increases and Putin's war of aggression on Ukraine appeared first on Apollo News.

At a press conference on the new US tariffs, Habeck shows papers that he is allegedly not allowed to show.

"This is going to be America's golden age," declared US President Donald Trump during a meeting in the Rose Garden at the White House last night. He then introduced numerous new tariffs on goods imported into the United States. The president held up a large graph for meeting attendees with the caption "reciprocal tariffs." The graph showed that Trump intends to impose a 10% tariff on imported goods from the United Kingdom and a 20% tariff on the…