German Finance Chief Urges ‘Serious’ EU-US Talks After Trump Tariff Threat

Federal Finance Minister Lars Klingbeil relies on a compromise solution without counterattacks: "We do not need any further provocations now, but serious negotiations."

German Finance Minister Lars Klingbeil called today for "serious negotiations" with the United States, after US President Donald Trump threatened to impose 50 percent tariffs on European Union goods, starting June 1.

US President Trump threatens the EU with import duties of 50 percent starting in June. The EU must now act in a closed manner, said Minister of Finance Klingbeil in the report from Berlin. There must be a common solution quickly.[more]]>

German finance chief urges ‘serious’ EU-US talks after Trump tariff threat

“The U.S. tariffs endanger the American economy at least as much as the German and European economies,” Germany’s Lars Klingbeil tells Bild.

Trade tensions between the EU and the US mark a new chapter in their relations.Read more Trade negotiations between the EU and the US: an uncertain path in News.es.

Trump tariffs: German minister urges 'serious talks' with US

BERLIN: German Finance Minister Lars Klingbeil on Sunday urged "serious negotiations" with Washington after US President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union. Trump made the threat on Friday, saying "discussions (with the EU) are going nowhere". The tariffs would be applied from June 1 – just a week away, he added. If imposed, they would dramatically raise Washington's current baseline levy of…