Economics

Germany Backs a Delay to a $4 Billion U.S. Tariff Strike

  • EU trade ministers will discuss Boeing sanctions on Monday
  • Foreign Minister Heiko Maas wants a ‘new deal’ with the U.S.
Photographer: Alex Kraus/Bloomberg
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Germany is seeking to mend transatlantic trade relations and is mulling a more conciliatory approach that would see the European Union delay tariffs set to hit $4 billion of American products as soon as Tuesday, according to a senior official familiar with the government’s thinking.