{"id":57402,"date":"2026-05-08T02:45:09","date_gmt":"2026-05-08T02:45:09","guid":{"rendered":"https:\/\/gyalchisarshog.com\/?p=57402"},"modified":"2026-05-08T02:45:16","modified_gmt":"2026-05-08T02:45:16","slug":"trumps-irresponsible-war-to-blame-for-economic-slowdown-german-minister-says","status":"publish","type":"post","link":"https:\/\/gyalchisarshog.com\/?p=57402","title":{"rendered":"Trump&#8217;s &#8216;irresponsible war&#8217; to blame for economic slowdown, German minister says"},"content":{"rendered":"\n<p>BBC:   <\/p>\n\n\n\n<p>Germany&#8217;s finance minister has blamed Donald Trump&#8217;s &#8220;irresponsible war in Iran&#8221; for a big drop in his country&#8217;s expected tax revenues.<\/p>\n\n\n\n<p>Lars Klingbeil said the US president&#8217;s actions in the region had caused a &#8220;global energy shock&#8221;.<\/p>\n\n\n\n<p>German officials have slashed the projected tax revenue for 2026-2030 by around \u20ac70bn ($82bn; \u00a360.52bn). The downgrade &#8220;shows just how much the war in Iran is harming our economy&#8221;, Klingbeil said in Berlin.<\/p>\n\n\n\n<p>Last month, German Chancellor Friedrich Merz infuriated Trump with his suggestion that&nbsp;<a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c0729d374mxo\">the White House had been &#8220;humiliated&#8221; by Iranian negotiators<\/a>&nbsp;&#8211; comments which prompted the US president to threaten to withdraw thousands of US troops from bases in Germany.<\/p>\n\n\n\n<p>Since coming to office a year ago, Chancellor Merz has often indicated that Trump&#8217;s policies have changed the traditionally close relationship between the US and Europe.<\/p>\n\n\n\n<p>In February, for instance, Merz said &#8220;a deep divide has opened between Europe and the United States&#8221;. But the German chancellor has visited the White House twice in a year in an effort to smooth the strains in trans-Atlantic ties.<\/p>\n\n\n\n<p>Alongside other European countries, Germany has been critical of the war that the US and Israel launched against Iran on 28 February, which has considerably raised fears of a global economic downturn.<\/p>\n\n\n\n<p>Germany&#8217;s coalition government has been struggling to boost the economy which has been stagnant for years, with high energy costs and a weak demand for exports playing a significant role.<\/p>\n\n\n\n<p>Last month, Merz told students that &#8220;the Americans clearly have no strategy&#8221; and he could not see &#8220;what strategic exit&#8221; they were going to choose.<\/p>\n\n\n\n<p>&#8220;The Iranians are obviously very skilled at negotiating, or rather, very skilful at not negotiating, letting the Americans travel to Islamabad and then leave again without any result,&#8221; he said.<\/p>\n\n\n\n<p>The &#8220;entire nation&#8221; was being &#8220;humiliated&#8221; by the Iranian leadership, he added.<\/p>\n\n\n\n<p>Trump responded the following day with a post to Truth Social, where he said Merz thought it was &#8220;OK for Iran to have a Nuclear Weapon&#8221; and &#8220;doesn&#8217;t know what he&#8217;s talking about.&#8221;<\/p>\n\n\n\n<p>&#8220;No wonder Germany is doing so poorly, both Economically, and otherwise!&#8221; the post read.<\/p>\n\n\n\n<p>Dragging the row on, Trump later suggested Merz should focus more on &#8220;fixing his broken Country, especially Immigration and Energy, and less time interfering with those that are getting rid of the Iran Nuclear threat&#8221;.<\/p>\n\n\n\n<p>Earlier this month and just days after Merz&#8217;s initial comments, the US defence department announced a plan to withdraw 5,000 troops form Germany &#8211; an order which has been attributed to Defence Secretary Pete Hegseth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC: Germany&#8217;s finance minister has blamed Donald Trump&#8217;s &#8220;irresponsible war in Iran&#8221; for a big drop in his country&#8217;s expected tax revenues. Lars Klingbeil said the US president&#8217;s actions in the region had caused a &#8220;global energy shock&#8221;. German officials have slashed the projected tax revenue for 2026-2030 by around \u20ac70bn ($82bn; \u00a360.52bn). The downgrade &#8220;shows just how much the war in Iran is harming our economy&#8221;, Klingbeil said in Berlin. Last month, German Chancellor Friedrich Merz infuriated Trump with his suggestion that&nbsp;the White House had been &#8220;humiliated&#8221; by Iranian negotiators&nbsp;&#8211; comments which prompted the US president to threaten to&#8230; <\/p>\n","protected":false},"author":1,"featured_media":57403,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-57402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/57402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57402"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/57402\/revisions"}],"predecessor-version":[{"id":57404,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/57402\/revisions\/57404"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/57403"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}