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FRANCE-German Econ Min: Can't Have Trade War w/US At Time Like This

GERMANY

German Economy Minister Robert Habeck (Greens) and Finance Minister Christian Lindner (FDP), and French Economy Minister Bruno Le Maire holding presser following a virtual meeting of the Franco-German Economic and Financial Council.

  • Livestream:https://twitter.com/i/broadcasts/1OdJrzkmbqPJX
  • Lindner: Franco-German relationship is special and crucial for the European Union...when France and Germany find common ground it is good for Europe as a whole.
  • Habeck: We have to bring energy prices down...We could have gone further with common gas purchases on the world market...
  • Habeck: US climate package must not destroy level playing field between US and European economies...we cannot have a trade war with the US at a time like this...the US' Inflation Reduction Act requires a strong European response'.
  • Lindner: We don't have to be concerned about the US Inflation Reduction Act if we improve our competitiveness'.
  • Lindner: 'We agreed to make additional efforts to strengthen the capital market union'.

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