OSLO, Norway (AP) — Former NATO Secretary-General Jens Stoltenberg said Tuesday that he is returning to government in his native Norway as finance minister.

Former NATO chief Jens Stoltenberg, who became Norway's new finance minister on Tuesday, said engaging with the Trump administration on trade was key to avoiding tariffs as Europe braces for a potential transatlantic trade war.

NATO's former Secretary General Jens Stoltenberg is set to become Norway's next finance minister on Tuesday, the country's finance ministry confirmed to CNBC.

OSLO (Reuters) - Former NATO Secretary General Jens Stoltenberg was set to become Norway's new finance minister on Tuesday as part of a cabinet reshuffle, broadcaster NRK and business daily DN reported, citing anonymous sources.

Stoltenberg will replace the outgoing finance minister Trygve Slagsvold Vedum, from the Center Party. Before becoming NATO chief, Stoltenberg served twice as Norway’s prime minister, 2000-2001 and 2005-2013. He also held the finance minister position in the 1990s.

Former NATO chief Jens Stoltenberg was named Norway’s new finance minister on Tuesday as part of a cabinet reshuffle, stepping into the role at a time when the Nordic nation is concerned about the pot

BEIJING (Reuters) - China's finance ministry on Tuesday announced a package of tariffs on a range of U.S. products in an immediate response to a 10% tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.

Former NATO head Jens Stoltenberg said he will temporarily leave his position as chair of the Munich Security Conference because he has accepted a position as Norway's finance minister.