"The discussion was very frank and constructive. Each side has clear positions and views. We agreed to forward the international process. We continue in a constructive way," said German Finance Minister Wolfgang Schaeuble in a joint press conference with his US counterpart Stephen Mnachin.
Steven Mnachin stressed the importance of the fact that the first debate in Europe about Mr. Schäuble. "We had a very productive meeting and I want to emphasize our partnership," said US Treasury. "We want to promote development. Close cooperation should be continued, he added."
For the fears of Europeans for tax adjustments at the borders and tariff sanctions the Mnachin said: "Our goal is growth of 3%. There will be a tax reform and the system will be simplified. We work in this direction with the Congress. With respect to the tax border adjustments have not yet taken any decision "
The B. Schaeuble also stressed that Germany and the United States agreed to promote international cooperation "regardless of differences. It was agreed explicitly to cooperate and jointly seek solutions. We found a common basis for discussing completely open. Of course not all the issues were resolved . "
The American Finance Minister assured that: "We do not want a trade war." A key issue is "a balanced trade between the two economies. These imbalances should be eliminated. Our ultimate goal is economic development." Steven Mnachin assured Mr. Schäuble that Donald Trump believes in free trade, "but we must be honest."
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