‘Trump’s tariffs know only losers’, says German finance minister after meeting French counterpart

(16 Jul 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Genshagen, Germany – 16 July 2025
1. Wide of German Finance Minister Lars Klingbeil and French Finance Minister Eric Lombard arriving
2. Close of photographer
3. SOUNDBITE (German) Lars Klingbeil, German Finance Minister:
"Trump’s tariffs know only losers. They threaten the American economy at least as strongly as companies here in Europe, and so this tariff conflict must be ended.”
4. Mid of Klingbeil and Lombard
5. Wide of Klingbeil and Lombard
6. SOUNDBITE (German) Lars Klingbeil, German Finance Minister:
"We want serious and goal-oriented negotiations with the U.S. –Germany and France stand for this — we in the European Union stand for this. The Europeans are united and we are determined. We want a fair deal with the Americans. But it is also clear that if we do not succeed in getting a fair negotiated solution, there need to be determined counter-measures to protect jobs and companies in Europe.”
7. Mid of Klingbeil and Lombard
8. SOUNDBITE (German) Lars Klingbeil, German Finance Minister:
"To sum up, our hand remains outstretched, but we won’t go along with everything. Possible countermeasures must continue to be prepared, and on this, France and Germany are in agreement. At the same time, ladies and gentlemen, we must also work on finding new partners around the world and strengthening cooperation with other countries."
9. Mid and then zoom out of Klingbeil and Lombard shaking hands and leaving
STORYLINE:
German Finance Minister Lars Klingbeil called Wednesday for U.S. President Donald Trump’s "tariff conflict" to end.

Klingbeil made the comments at a joint news conference, following a meeting with French Finance Minister Eric Lombard in Genshagen, Germany, before the pair were expected to fly to South Africa together for a G20 finance ministers meeting.

"They threaten the American economy at least as strongly as companies here in Europe, and so this tariff conflict must be ended," Klingbeil told reporters.

He also stressed the need for "serious and goal-oriented" negotiations with the Trump administration.

Klingbeil said both Germany and France want a "fair deal", but if the two countries did not succeed in getting a "fair negotiated solution", there will be "counter-measures".

He also emphasized that both Germany and France will remain open with "hands outstretched", but refuse to comply completely in all matters.

AP video by Fanny Brodersen

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