As Trump & Co. look to step out of exisiting free trade agreements to haggle his own deals?
Other countries are talking about keeping their trade connections and lower trade barriers….
Will Trump’s experiment cost Americans MORE as other countries turn away from Trump’s American markets?
It appears that Gernany’s Merkel is moving along with China to leave America behind in world trade….
German Chancellor Angela Merkel and Japanese Prime Minister Shinzo Abe called for a concerted effort to defend free trade, saying global markets can be both open and fair.
Two days after U.S. President Donald Trump and Merkel held inconclusive talks at the White House, the German and Japanese leaders opened the CeBIT technology show in Hanover, Germany, by advocating a trade accord between Japan and the European Union as a way to underscore the benefits of an interconnected global economy.
“Of course we want fair markets, but we don’t want to put up barriers,” Merkel said in an apparent retort to Trump’s pledge of enacting “America First” economic and trade policies. “At a time when we have to quarrel with many about free trade, open borders and democratic values, it’s a good sign that Germany and Japan aren’t quarreling about that.”
Abe said Japan, having benefited from free trade and investment, “wants to be the champion of upholding open systems alongside Germany,” though “it will be necessary to have rules that are fair and can stand up to democratic appraisal.”…Share on Facebook