German Finance Minister and Vice Chancellor Olaf Scholz attends a news conference following his meeting with French Finance Minister Bruno Le Maire in Paris, France March 16, 2018. REUTERS/Benoit Tessier
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Germany's new Finance Minister Olaf Scholz warned Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and aluminum tariffs.Scholz told reporters en route to his first meeting of G20 finance ministers and central bank governors that he would underscore the importance of free trade for the global economy when he meets U.S. Treasury Secretary Steven Mnuchin Monday.German Economy Minister Peter Altmaier, a member of Merkel's conservatives, will travel to Washington later on Sunday to press U.S. officials on the issue.
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