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Tariff war must end quickly, German finance minister tells G7 partners

From brecorder.com

German Finance Minister Lars Klingbeil made clear in a meeting with his counterparts from the Group of Seven major economies on Friday that the global trade conflict must be ended quickly, he told reporters. “But I also want to say very clearly: There will be no deal at any price, there should be no victory at any price,” Klingbeil said in Durban, South Africa, on the sidelines of the G20 finance chiefs meetings, where G7 ministers also met separately. Klingbeil called for a fair deal between the U.S. and Europe on tariffs. The 30% tariff on imports from European Union threatened by U.S. President Donald Trump would, ... (full story)

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  • Category: Fundamental Analysis