Germany's Chancellor Olaf Scholz says the European Union would present a united front to Washington after US President Donald Trump signed executive orders imposing 25-percent tariffs on steel and aluminium. "If the United States leaves us no other choice, then the European Union will act together," Scholz says in parliament.
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00:00If the U.S. doesn't let us have any other choice, then the European Union will react to it.
00:06As the largest market in the world with 450 million citizens, we have the power to do so.
00:12But I hope that the wrong way of customs and counter-customs will be spared.
00:17In the end, trade wars always cost prosperity on both sides.