Economic Indicators

Germany will discuss US inflation act with Washington – Scholz

2022.10.11 04:18

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© Reuters. FILE PHOTO: German Chancellor Olaf Scholz waits to welcome Hungarian Prime Minister Viktor Orban for bilateral talks at the Chancellery in Berlin, Germany, October 10, 2022. REUTERS/Lisi Niesner/File Photo

BERLIN (Reuters) – Germany will discuss the United States’ Inflation Reduction Act with Washington to address competition concerns, German Chancellor Olaf Scholz said on Tuesday.

Germany must cooperate with other countries to prevent “a massive customs war between loud countries”, Scholz told industry representatives at an engineering conference in Berlin.

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