BundeswirtschaftsministerPeter Altmaier (CDU) is looking for Eineschnelle solution in trade conflict with USA. "I am confident that EU and DieUSA will be able to find a sensible compromise by summer," said Altmaier news magazine of Spiegel. He wants to work with US government against Überkapazitätenauf global steel market, which also has its starting point in China.

According to Altmaiersuche, "according to a uniform line in fight against dumping and ft of intellectual property." The Minister of Economy wants to find solutions that are compatible with InternationalenHandelsregeln. A new edition of negotiations transatlantic Free Trade agreement TTIP considers Altmaierallerdings to be "unrealistic".

At beginning of March, US President Donald Trump announced that he would import steel and aluminum exports to United States. In turn, EU declared that it wanted to impose tariffs on American products. Altmaier was n flown to Washington for talks with his American counterpart, Wilbur Ross. He stressed that United States remained Germany's allies and refore wanted to prevent unilateral action and a trade war. In meantime, Trump has announced that it will exempt EU and some or countries from customs duties – but only until May.

Date Of Update: 01 April 2018, 12:02