German Economy Minister Peter Altmaier launched strong attack on Trump for his tariffs and sanctions. He told Bild am Sonntag newspaper that “this trade war is slowing down and destroying economic growth – and it creates new uncertainties.”
Meanwhile, the agreement between the EU and US “can only be first step”. Altmaier emphasized “Our goal is a global trade order with lower tariffs, less protectionism and open markets.”
Regarding US sanctions on Iran, Altmaier also pledged the Germany and EU will continue to support companies doing business with Iran. He warned that “we won’t let Washington dictate us with whom we can do business and we therefore stick to the Vienna Nuclear Agreement so that Iran cannot build atomic weapons.”