German senior politician expects US to postpone tariffs

According to a report by Golden Finance, a senior German politician stated on Sunday that after US President Trump threatened to increase tariffs on the European Union, exacerbating the trade war, the EU and Washington may further negotiate and postpone the increase in import tariffs. The negotiation poker game between the EU and the US is entering a decisive stage, "said J ü rgen Hart, deputy leader of the conservative Christian Democratic Union/Christian Social Union in the German Bundestag. I bet that at least a partial agreement will be reached before August 1st and further postponed. After all, high tariffs must be paid by American citizens and companies, which will lead to rising prices and inflation in the United States. Hart said that Europe must dissuade Trump from "mistakenly believing" that the US trade deficit is caused by the EU's protectionist measures. He said that due to the dominant position of the IT industry, the United States has a surplus in the service sector, which largely offsets the trade deficit.