At the Hannover Messe, German Chancellor Olaf Scholz expressed solidarity with Canada, the event's partner nation, amidst tensions caused by US trade policies under President Donald Trump. Scholz affirmed Canada's independence and emphasized Germany and Europe's support, declaring, 'We stand by your side.' This comes in response to Trump's tariff threats and suggestions of absorbing Canada as a US state.
Scholz highlighted the importance of free trade as a counter to protectionism, stating that trade wars are unwinnable, even for the US. He underscored Europe's economic strength and commitment to open markets, noting the EU's vast market power and numerous trade agreements.
Scholz assured that Europe would protect its industries against unfair competition and unjust tariffs, reinforcing the message that openness is balanced by vigilance. The Hannover Messe showcases global industry advancements, drawing participation from over 4,000 companies and attendees from 120 countries, focused on innovation and sustainable solutions.
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