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Germany and China Beg Trump Not to Start Trade War
Both German chancellor Olaf Scholz and Chinese vice premier Ding Xuexiang have warned the new, Donald Trump-led U.S. administration not to engage in a trade war.
Speaking at the World Economic Forum in Davos on Tuesday, January 21st, German chancellor Olaf Scholz said he would “defend free trade as the basis of our prosperity.”
Chinese vice premier Ding Xuexiang took a similar position, telling the World Economic Forum that no country would emerge victorious from a trade war. He added that a “tug of war” was underway between supporters and opponents of economic globalisation.
China has also been locked in trade disputes with the European Union. The EU imposed hefty tariffs on electric cars made in China last year. In turn, Beijing targeted European brandies and opened probes into EU subsidies of some dairy and pork products. Without mentioning the EU or any country by name, Ding warned against “erecting green barriers that could disrupt normal economic and trade cooperation.”
‘Germany Will Push Trump to Rejoin WHO’: German Health Minister
Germany’s health minister has said the outgoing left-wing government will urge the US to rejoin the World Health Organisation (WHO) after US President Donald Trump announced the country’s exit.
Karl Lauterbach, a senior member of Chancellor Olaf Scholz’s Social Democratic Party, vowed he and his country would work to force a US U-turn on the issue for the sake of international health.
“The new US President’s announcement to withdraw from the World Health Organisation is a serious blow to the international fight against global health crises,” Lauterbach said.
