The comments come a little more than a week before American tariffs of between 10 and 25% are scheduled to take effect on billions of dollars worth of European exports.
American tariffs of between 10 and 25% are scheduled to take effect on billions of dollars worth of European exports.
14 March 2018, Germany, Frankfurt am Main: An Airbus A380 and a retro design Boeing 747-8 cross each others path at the ramp of Frankfurt Airport.European governments continued to call for a negotiated settlement to trade disputes between the United States and the European Union on Thursdayscheduled to take effect
An array of finance ministers gathered in Luxembourg for monthly meetings told CNBC that the escalating global trade disputes represented a significant threat to European economies, but that the imposition of tariffs by Washington would nevertheless force Europe to respond in kind. "They are not based on fundamentals of our economy," he told CNBC in an interview. "They don't respond to any sort of imbalances that we really have in the global economy."
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