Trump will ‘buckle under pressure’ if Europe bands together over tariffs: German minister

U.S. President Donald Trump will “buckle under pressure” and alter his tariff policies if Europe bands together, acting German economy minister Robert Habeck said Thursday.

“That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure, but the logical consequence is that he then also needs to feel the pressure,” he said during a press conference, according to a CNBC translation.

“And this pressure now needs to be unfolded, from Germany, from Europe in the alliance with other countries, and then we will see who is the stronger one in this arm wrestle,” Habeck said.

Germany is widely regarded as one of the countries likely to be most impacted by Trump’s tariffs, given its heavy economic reliance on trade.

India is ‘carefully examining’ the impact of U.S. tariffs

India’s Department of Commerce is “carefully examining the implications” and opportunities resulting from President Trump’s broad tariffs announced on Wednesday, it said on Thursday.

The department said that the additional U.S. duties on India come to 27%. A list of reciprocal tariffs shared by Trump on his Truth Social media platform outlined a 26% levy imposed on the world’s fifth largest economy.

Following on Indian Prime Minister Shri Narendra Modi and Trump’s February agreement to more than double the bilateral trade to $500 billion by 2030, “discussions are ongoing between Indian and U.S. trade teams for the expeditious conclusion of a mutually beneficial, multi-sectoral Bilateral Trade Agreement,” the Department of Commerce said.