Politics

Germany Weighs Measures Against U.S. Over Nord Stream Threat

  • Merkel’s government pressing for coordinated EU response
  • U.S. sanctions may ensnare EU companies, banks, agencies

    

Photographer: Krisztian Bocsi/Bloomberg
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Germany is preparing to strike back against the U.S. if President Donald Trump follows through on his threat to kill off the Nord Stream 2 gas pipeline with additional sanctions.

Chancellor Angela Merkel’s administration is considering pressing for coordinated European Union action, according to two German officials familiar with the discussions. An economy ministry paper seen by Bloomberg News said such measures by the U.S. would be new and could hit significantly more German and European companies and banks as well as state agencies.