<ul data-eligibleForWebStory="false"><li>German Chancellor Friedrich Merz expresses concerns over potential 30% US tariffs, stating they would severely impact Germany's export industry.</li><li>The European Union is extending the suspension of trade countermeasures against the US until Aug. 1 to facilitate further negotiations amid Trump's tariff threat.</li><li>Merz emphasizes the need for EU unity and effective communication with the US to prevent the imposition of significant tariffs on European exports.</li><li>German government may need to adjust economic policies if tariffs are imposed, with Merz stressing the importance of finding a solution before Aug. 1.</li></ul>

German Chancellor Says 30% US Tariffs Would Hit Industry To ‘Core’

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