German Finance Minister Christian Lindner cautioned that a trade war between the United States and the European Union would harm both sides, leaving “no winners, only losers.” Speaking with Reuters amid the heated U.S. presidential race between Donald Trump and Kamala Harris, Lindner emphasized that either candidate could introduce tariffs, marking a potential pivot in transatlantic relations.
Lindner expressed Germany’s commitment to a renewed era of U.S.-EU diplomacy, aiming to forge a fresh trade agreement rather than endure a tariff conflict. “Whoever enters the White House, we’re at the forefront of a new era in transatlantic diplomacy, advocating for a stronger economic partnership,” Lindner said, stressing that cooperation would yield far more than any retaliatory tariffs.
As tariffs could loom under the next U.S. administration, Lindner’s comments underscore Europe’s interest in stable economic ties and a reinvigorated alliance that could avoid the costly fallout of a trade war.