Reuters: German ministers welcomed an initiative agreed between U.S. President Donald Trump and European Commission President Jean-Claude Juncker to ease the threat of a trade war, with one describing it as a breakthrough and another saying it had won the EU time.
“This is not yet the result we are aiming for but it has made a positive result in the whole discussion…on free trade or protectionism more likely than before,” Maas told a news conference in Seoul, extracts of which were broadcast on German radio. “America and Europe are not opponents…We are partners and allies with common values and interests,” Maas said, adding it was good that the two would also work on unfair trade practices and on a reform of the World Trade Organisation.
“The answer to America First can only be: Europe United,” he said.
German Economy Minister Peter Altmaier was even more enthusiastic, hailing the talks as a “breakthrough” that could avoid a trade war and save millions of jobs. “Great for global economy,” he tweeted late on Wednesday.
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