BERLIN (Reuters) – German Chancellor Olaf Scholz said on Tuesday he was convinced Europe’s largest economy would not fall into a recession and was optimistic Berlin could reach an agreement with Washington to avoid a trade war over new U.S. green subsidies.
“We are now discussing with the government and with all the political people in the United States that it should not happen that local content regulations are against European partners,” Scholz said in an interview with Bloomberg TV. “And I’m quite optimistic that we will reach an agreement in this field.”
(Reporting by Sarah Marsh and Matthias Williams, Editing by William Maclean)
