G20 leaders talk trade amid protectionism fears - Three Generations in Germany
Germany's finance minister defended open markets after a G20 meeting in Buenos Aires. Officials from other countries also warned against protectionism ahead of planned US tariffs on steel and aluminum.
The two-day gathering in Argentina comes at a tense moment, just a few days before the US will impose higher tariffs on steel and aluminum imports and new US trade measures reportedly targeted at China.
Chancellor Angela Merkel has spoken with Chinese President Xi Jinping about steel overcapacity and the US threat of tariffs. They are to work on solutions through the G20 group of industrialized nations.
Donald Trump may not always be aware of the consequences of what he says and does. But the debate he has triggered with his comments on free and fair trade could be helpful to bring about change, says DW's Henrik Böhme.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version