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Trade Commissioner in Davos: The EU is not a threat to American security

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In the second half of the world economic forum in Davos, spreads, and a slight Confidence. One could hope that the year 2019 will be for the foreign trade better than 2018, was the Tenor of an event to the global trade.

Gerald Braunberger

editor in the business, responsible for the financial market.

F. A. Z.

a fundamental reason for a change of Mind in Washington is suspected, where President Donald Trump, of all the aggressive rhetoric, in Spite of, would be interested with a view to his re-election in 2020, of trade agreements. “I am confident that the additional car tariffs between the United States and the European Union can be prevented,” said EU trade Commissioner Cecilia Malmström.

Not only in Europe, but also in the United States, the industry, holding such duties to be harmful. Malmström was strongly against the idea that the United States could give rise to such duties, with the strategic defence arguments. “The European Union is not a threat to American security,” said Malmström. The United States should increase the customs duties, would decide on the EU’s counter-measures.

Germany am often accused of its high foreign trade surplus, but the statistics would be incomplete and distorted reality, in turn, said Christian Sewing, chief Executive of Deutsche Bank. Sewing a defendant in an international comparison, “digital deficit” of Germany, which had to be offset against the numbers with the official foreign trade.

He campaigned for it, to advertise to just those people for globalisation, are you skeptical to hostile. He proposed to use a portion of the profits from foreign trade to investment in the protection of the environment.

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