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Germany’s Economy Minister Peter Altmaier is on the wires now, via German radio, expressing his take on the US’ decision to impose tariffs on steel and aluminum on Canada, Mexico and the European Union (EU).

Key Headlines:

Annoyed and concerned by US’ decision.

It is in everyone’s interest to avoid further escalation.

Will take a few days until countermeasures are possible.

EU and US remains close partners despite trade, Iran issues.