Merkel ally calls for Europe to retaliate if Trump imposes trade tariffs

 Telegraph
German Chancellor Angela Merkel and Volker Kauder (L), 
German Chancellor Angela Merkel and Volker Kauder (L),  Credit: Steffi Loos/Getty Images

Europe should impose punitive tariffs on imports from the United States if President Donald Trump acts to shield U.S. industries from foreign competitors, a senior ally of German Chancellor Angela Merkel said in a newspaper interview.

Trump has already formally withdrawn the United States from the Trans-Pacific Partnership trade deal, distancing America from its Asian allies, and vowed to renegotiate the U.S. free-trade deal with Canada and Mexico.

The tycoon-turned-president has also threatened German carmakers with a border tax of 35 percent on vehicles imported into the U.S. market, saying such a levy would help create more jobs on American soil.

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