Germany EconMin Altmaier: EU will defend its interest against US tariffs

Europe ready to talk about imbalances in trade, says Germany's economy minister Peter Altmaier while speaking to DLF radio this Monday.

Key quotes:

   •  EU will defend its interest against the US tariffs.
   •  No progress was made at the G7 meeting, ut was a setback.
   •  Short-term solution of the trade conflict with the US seems unlikely.