Germany’s Chancellor Merkel was reported by Reuters earlier today, as she expressed her concerns over the negative implications of the US trade war with rest of the world. Key Points: A trade war between the US and the rest of the world may lead to a global financial crisis. The US tariffs on cars from Europe would prove “much more serious” than the duties imposed on steel and aluminium. “The international financial crisis, which ensured that we now act in the framework of the G-20, would never have been resolved so quickly, despite the pain, if we hadn’t cooperated in a multilateral fashion in the spirit of comradeship” “This has to happen.” Â FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNH revisits 100-hour MA hurdle as US tariff deadline looms FX Street 4 years Germany's Chancellor Merkel was reported by Reuters earlier today, as she expressed her concerns over the negative implications of the US trade war with rest of the world. Key Points: A trade war between the US and the rest of the world may lead to a global financial crisis. The US tariffs on cars from Europe would prove "much more serious" than the duties imposed on steel and aluminium. "The international financial crisis, which ensured that we now act in the framework of the G-20, would never have been resolved so quickly, despite the pain, if we hadn't cooperated in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.