WHISTLER, British Columbia (Reuters) - The United States appears to have understood Europe’s concerns about its latest tariffs on steel and aluminum imports, possibly paving the way for a solution at some point in the future, German Finance Minister Olaf Scholz said on Friday.
“We must find a way to get out of this. That was said clearly by everyone and I think it was even taken on board (by the United States),” Scholz told reporters after a meeting of finance ministers from the G7 group of rich nations in the Canadian mountain resort of Whistler.
“To that extent, we have laid a foundation to come to a better outcome at some point,” he added.
Scholz reiterated that he viewed the U.S. tariffs as “unacceptable” and “against the law”.
Reporting by Gernot Heller; Writing by David Milliken; Editing by Sandra Maler