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German Industrial Lobby Urges EU, US Authorities to Prevent Escalation of Trade Conflict

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The German government, the United States and the European Commission should find a solution to the tariff issue as soon as possible and avoid escalation of the trade conflict, Wolfgang Niedermark, a member of the board of the German Industrial Union (BDI), said.
US President Donald Trump said on Saturday that the US would introduce 30% tariffs on goods from the EU from August 1, while previously introduced sectoral tariffs would remain in force.

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