Business
07:56, 17-Mar-2018
German economic minister visits US for trade talks
["china"]
Share
Copied
Germany's new Economic Minister Peter Altmaier will visit the US for trade talks with US officials, a spokesman confirmed to reporters on Friday.
Altmaier, newly assigned to serve in the fourth cabinet of German Chancellor Angela Merkel, will talk with high-level American officials about the future direction of trade policy. Altmaier's visit should last until Tuesday, the spokesman said.
However, it is at the moment not known, with whom from the American side Altmaier is about to talk.
Altmaier had recently expressed his willingness to find a solution through negotiations. He believed that higher tariffs meant that the citizens would have to pay the price in the end.
The German government and European Union (EU) want themselves to be exempt from the US tariff on steel and aluminum imports. On the other hand, the EU has also threatened to take countermeasures if the negotiations fail.
Source(s): Xinhua News Agency