- Title: U.S. not close to any decision on border tax - Schaeuble
- Date: 15th March 2017
- Summary: BERLIN, GERMANY (MARCH 15, 2017) (REUTERS) BOATS PASSING ON RIVER SPREE, PARLIAMENT BUILDINGS IN BACKGROUND VARIOUS OF GERMAN FINANCE MINISTER WOLFGANG SCHAEUBLE ARRIVING FOR NEWS CONFERENCE PHOTOGRAPHERS (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: "A country cannot just do this unilaterally. I would advise against it. I do not expect a fundamental change (in international tax policy), at least not in the short term." WIDE OF REPORTERS REPORTERS SEATED (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: "I am looking forward to seeing him (U.S. counterpart Steven Mnuchin) and it's good of course that we can meet before Baden-Baden (Friday's and Saturday's G20 finance minister meeting). As head of the G20 presidency for the finance ministers and central bank governors I have the responsibility during difficult times to make a big as possible contribution towards more global cooperation." SIDE SHOT OF SCHAEUBLE SPEAKING SCHAEUBLE SPEAKING (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: "This (Baden-Baden) is the first international global forum with the participation of the new (U.S.) administration. From everything you can read I would guess that my American colleague will not come here and have a closed mind on all matters as far as the American administration is concerned." REPORTERS SCHAUEBLE SPEAKING (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING (on GREECE): "You know that we are hopefully in the final stages of talks between the institutions and the Greek government on the second review of reforms. We know that Greece will have new financial needs this summer which we will cover with the second or third European aid programme. That was the deal under the agreed conditions. I hope this will lead to a good result -- with the usual delay." WIDE OF NEWS CONFERENCE
- Embargoed: 29th March 2017 14:36
- Keywords: Schaeuble G20 Mnuchin USA Trump Baden-Baden
- Location: BERLIN, GERMANY
- City: BERLIN, GERMANY
- Country: Germany
- Topics: Economic Events
- Reuters ID: LVA001682L7RH
- Aspect Ratio: 16:9
- Story Text: German Finance Minister Wolfgang Schaeuble said on Wednesday (March 15) he was looking forward to the first meeting with his U.S. counterpart Steven Mnuchin on Thursday, adding he did not expect him to come to Germany with a closed mind on all matters.
Asked about proposals to introduce a U.S. border tax on imports, Schaeuble said that he did not view the new U.S. administration as being close to any decision.
"A country cannot just do this unilaterally," Schaeuble said, adding that he was not expecting a fundamental change in international tax policy, "at least not in the short term". - Copyright Holder: REUTERS
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