GERMAN FINANCE MINISTER SAYS IT IS URGENT TO REDUCE TARIFFS UNCERTAINTY – Germany was the only member of the Group of Seven advanced economies that failed to grow for the last two years
German Finance Minister Joerg Kukies said reducing uncertainty is urgent for economies and businesses, referring to negotiations on trade tariffs with the United States.
Germany was the only member of the Group of Seven advanced economies that failed to grow for the last two years, and the tariffs announced by U.S. President Donald Trump will deal a major blow, possibly putting it on track for a third year of recession for the first time in post-war German history.
