German financial minister stays hopeful on tariffs, plane subsidy dispute – Reuters


German Economy Minister Peter Altmaier poses for a portrait during an interview with Reuters in his ministry building in Berlin, Germany, June 17, 2019. REUTERS/Fabrizio Bensch

WASHINGTON (Reuters) – German Economy Minister Peter Altmaier on Thursday said he sees a 50-50 chance of averting U.S. auto tariffs, and that it will likely takes weeks or months to resolve trade issues between the United States and Europe.

Altmaier, speaking to reporters following his meeting with U.S. Trade Representative Robert Lighthizer, said their discussion was constructive and that he hopes to resolve the dispute over aircraft subsidies to U.S. planemaker Boeing (BA.N) and Europe’s Airbus (AIR.PA).

Reporting by Andrea Shalal; writing by Susan Heavey; Editing by Nick Zieminski



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