German economy minister says Europe prepared to act on possible trade restrictions

BERLIN (Reuters) – Europe is prepared to act in response to possible restrictions to trade, German Economy Minister Robert Habeck said on Monday, after holding discussions with industry lobbies and the EU’s top trade representative about the threat of tariffs from the U.S.

“Europe must and can only react unitedly and decisively to unilateral trade restrictions. And we are prepared for this,” Habeck said in a statement.