German minister urges EU unity in trade conflict with U.S.

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Wed, 02 May 2018 - 09:19 GMT

BY

Wed, 02 May 2018 - 09:19 GMT

German Economic Minister Peter Altmaier leaves after delivering a statement regarding the Trump Administration's steel and aluminium tariffs, outside of the White House in Washington, U.S., March 19, 2018. REUTERS/Leah Millis

German Economic Minister Peter Altmaier leaves after delivering a statement regarding the Trump Administration's steel and aluminium tariffs, outside of the White House in Washington, U.S., March 19, 2018. REUTERS/Leah Millis

BERLIN - 2 May 2018: A top German minister urged EU states to agree a common stance to negotiate with the United States on trade, acknowledging differences with France, after President Donald Trump extended a temporary reprieve for the EU on steel and aluminum tariffs.

Although the EU has called for a permanent exemption from the tariffs, arguing the one-month extension is causing uncertainty among businesses, there are differences in emphasis among member states.

German Economy Minister Peter Altmaier told Germany’s ARD television on Wednesday the EU faced a difficult situation which required a “fair solution in negotiations between the Europeans and Americans”.

Asked if it would be easier to find a common stance with France or formulate an offer to the United States, he said: “Both are equally difficult.”

“The EU must agree on what it is willing to talk about,” Altmaier said, adding it was another question whether negotiations with the United States would follow.

The priority for export-oriented Germany, Europe’s biggest economy, is to get a broad agreement to lower tariffs across a broad spectrum of products, especially in manufacturing.

By contrast, France has said it agrees that there is overcapacity in the steel and aluminum sectors and that it is ready to work with the United States and other partners to find a solution to those issues.

It insists, however, that it can only discuss this if it has assurances that the EU will be permanently excluded from unilateral tariff increases.

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