Countries protecting their own economies from foreign competition – it’s an approach not only adopted by newly inaugurated US President Donald Trump. Protectionism is gaining in popularity in many European nations. Exporters are alarmed.
Donald Trump has been making a show of irritation with Germany's trade surplus with the US. But Ulrich Kater, chief economist of DekaBank, says US policies drive Germany's surplus.
The US was a wonderful country, then Donald Trump came along. His policies will certainly damage Europe - they are supposed to. The EU must defend itself by being as united as possible, says DW's Bernd Riegert.
The German government has raised its growth outlook for 2017. It said strong domestic consumption would increase growth and bring down a much-criticised trade surplus logged by Europe's powerhouse for years on end.
Britain's finance minister has suggested that the UK might be forced to "change its economic model" if it were shut out of the EU market. German politicians took the threat with a mixture of derision and consternation.
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