Will Close Ties with US Make or Break Economy?

Will Close Ties with US Make or Break Economy?

Following the inauguration of US President Donald Trump, the Union is pushing for closer economic ties with the United States. It is essential to make another attempt to deepen trade policy relations with the US, said Julia Klöckner, the economic policy spokesperson of the Union’s faction in the German Bundestag, to the “Rheinische Post” (Wednesday edition). “This includes a common line with a view to China as well” she added.

Priorities should be shifted to focus more on economic growth rather than more regulation, “also in the sense of a strong EU internal market” Klöckner emphasized. “The upcoming term of US President Trump is an opportunity to refocus our economic policy. For only with our own economic strength can Germany and the EU meet the new US administration as a serious negotiating partner on an equal footing.