Quote by Minister Altmaier on the agreement reached today in the Airbus-Boeing customs dispute

Federal Minister for Economic Affairs and Energy Peter Altmaier on the agreement reached today at the EU-US summit to settle the Airbus-Boeing customs dispute:

“I very much welcome the fact that today’s EU-US summit has brought about an agreement in the customs dispute over Airbus and Boeing. This agreement is an important signal for transatlantic cooperation and the new beginning for transatlantic relations. We need fewer, not more, tariffs because tariffs end up being detrimental on both sides of the Atlantic. Today’s agreement is a great relief particularly for German exporters that have been facing special tariffs. After being suspended for four months, these special tariffs will no longer be applied.”