Germany Steps Up Push to Foil Tariffs With Talks in Washington
- Merkel ally to speak with U.S. Commerce Secretary this week
- ‘Americans are still our allies,’ Peter Altmaier says
JPMorgan's Ward Says Tariff Discussion Could be 'Heated'
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German Chancellor Angela Merkel is intensifying efforts to thwart a trade war with the U.S., sending a close ally to Washington for critical talks aimed at defusing a tit-for-tat on tariffs that could undermine the European country’s export-driven economy.
Peter Altmaier, Germany’s economy minister and a long-time confidante of Merkel, headed to Washington Sunday for discussions this week with Commerce Secretary Wilbur Ross and “anyone in Washington who is willing to talk,” he said in an interview with public broadcaster ARD.