May 9, 2018 / 1:44 PM / a year ago

Germany aims to shield firms after U.S. withdrawal from Iran deal

BERLIN (Reuters) - German Finance Minister Olaf Scholz vowed on Wednesday to try to protect European companies from any adverse effects from U.S. President Donald Trump’s decision to withdraw from an international nuclear deal with Iran and reinstate sanctions.

“We’ll try to do everything in our means so that European companies will be affected as little as possible,” said Scholz at a news conference, adding it would take some time to get clarity about the consequences.

Reporting by Michael Nienaber; Editing by Madeline Chambers

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