Trade escalations with the United States are a worrying problem and Germany must do something about its big current account surplus according to economist Heiner Flassbeck. Increase wages and more public spending would be a good start.
Since helping shape the General Agreement on Trade and Tariffs (GATT) in 1948, the World Trade Organization's forerunner, the US has been at the forefront of trade liberalization. That era appears to be ending.
Chancellor Merkel has said trade accounting methods are outdated and need revision. Done differently, figures show the US had a $14 billion surplus rather than $153 billion deficit with the European Union in 2017.
US President Donald Trump has taken actions to redress what he says are unfair trading relationships with Europe, China, Canada and Mexico. DW takes a look at what he has done and how those affected have responded.
The Trump administration is reportedly preparing to impose tariffs targeting Chinese tech and telecommunications imports. Should Washington follow through on the move, it could spark harsh retaliation from Beijing.
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