00:00Germany's Vice-Chancellor and Minister of Finance Lars Klingbeil said on Monday that Germany had to stand up for itself
00:06if others didn't abide by trade rules.
00:09Speaking at the sidelines of the G20 meeting of finance ministers and central bank governors in Asheville, North Carolina, Klingbeil
00:16said that the tariff situation was a factor for economic insecurity.
00:21He reiterates his favour of free trade in open markets, but Germany must figure out its interests when others don't
00:29abide by the rules.
00:30On Russia's war against Ukraine, Klingbeil said the European Union countries to explore new sanctions options against Russia and stressed
00:38that any future measures should be closely coordinated with the United States.
00:42He also expressed concern over the participation of Russia's finance minister at the G20 meeting, saying he would have preferred
00:50a clearer signal from Washington regarding Russia's representation.
00:55Klingbeil also criticised the participation of Russian finance minister Anton Siluanov in the meeting.
01:02The G20 meeting on Monday and Tuesday comes at a time of massive uncertainty over the Trump administration's next tariff
01:09moves and high energy prices caused by the ongoing war in Iran.
Comments