Criticism of globalization once came from the left. Now it's coming from the right in Germany, France and the US. More countries are putting up trade barriers. We speak with Manfred Elsig of the World Trade Institute at the University of Bern.
German Chancellor Angela Merkel has rebuked the "America First" approach to free trade of US President Donald Trump. Meeting in Brussels, European and Asian leaders have pledged to create "win-win" situations.
The Italian government has reiterated its opposition to the CETA free trade deal between the European Union and Canada. The deputy prime minister said parliament would not ratify the agreement formally signed in 2016.
Trump's decision to impose punitive tariffs presents a profound challenge to the global economy and forces every country to decide whether they want to come together and cooperate or go it alone, says DW's Henrik Böhme.
The new government in Rome is walking in the footsteps of Donald Trump's trade protectionism, as it has threatened to torpedo the CETA trade agreement because it doesn't protect Italy's farmers and their products.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version