German Chancellor Olaf Scholls said on Sunday to support Canada in the trade war and the diplomatic crisis that Donald Trump started, adding that Europe will respond to a uniform against “unjustified customs rights” from the United States.
“We are next to you. Canada is not a federal situation for anyone. Canada is a proud and independent nation. Canada has friends all over the world, especially many of them here in Germany and Europe,” Schulz said in his opening speech to Hanover Industrial Exhibition.
Schools recalled this trip three years ago to invite Canada to the 2025 exhibition, at a time when no one predicted the circumstances “when the meeting is now held in Hanover in northwestern Germany.
This Sunday, his support for Canada and “dear Canadian friends” and remember that many are concerned about the current geopolitical situation.
Schouls also revealed that he rarely heard many political messages at the opening ceremony of the Hanover exhibition, as happened on Sunday afternoon, noting that “the geopolitical facts strongly affect the global economy, trade chains, supply, investments and technologies.”
“More uncertainty and more inability to predict, more customs rights and more retail: this is not a good omission for the vast majority of companies. But I am convinced that we are not isolated in the face of these developments,” he said.
Schools stressed that the European Union uses its tools to protect industries “against unfair competition and market distortions, as well as against unjustified customs rights.”
He said, “A look at the markets and prices indicates that we are not in their wrong path with our customs policy,” on the pretext that “commercial wars cannot be won, not even in the United States” and that they “lose all concerned.”
Despite ensuring “the goal of Europe is still cooperation”, the counselor admits that there may be a change: “If the United States does not leave us any other choice, as in the tariff of steel and aluminum, we, as a excitement of the European Union,”.
He said that the slogan of European trade policy is: “We are open, but we are not naive.”
The European Parliament Speaker, Roberta Mitsola, also recalled the strength of the market in Europe, with 450 million citizens, the 27 countries that make up the European Union and more than 70 countries in the world have trade agreements, and hundreds of thousands of companies, such as Canada, which “still chooses cooperation and participation in work.”