Eleanor Beardsley

The German Chancellor Friedrich Merz also spoke today.

He's going to Washington in early March to meet with President Trump.

President Emmanuel Macron opened a big agriculture show in Paris, and he said, let's not celebrate too soon.

And he said, we'll just have to adapt and look at the consequences and adapt.

The German Chancellor Friedrich Merz also spoke today.

He's going to Washington in early March to meet with President Trump.

Here he is talking to public broadcaster ARD.

He said he would meet President Trump with a unified, coordinated European position.

And he described the Supreme Court's decision as showing that the Trump administration had been set limits on tariff policy.

And he called that reassuring and that it showed, quote, the separation of powers in the United States still appears to function.

And that is good news.

The U.S.

and the EU negotiated a trade deal last summer, but it's actually not been ratified by the European Parliament.

And they could hold that back, and there are now calls for them to do so.

And they've already identified $93 billion worth of U.S.

goods that they could slap tariffs on.

And there's something else they could use.

It's a mechanism that's being referred to as the trade bazooka, which could enact huge restrictions on U.S.

companies having access to the EU market, which is a market of 450 million consumers.

It's massive and lucrative, so that could be a real threat.