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German economy minister: Trump signals on trade 'alarming'

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AP Berlin
Germany's economy minister says the signals from President Donald Trump's administration on trade so far are "alarming," but that isolationism would also hurt the US economy.

Brigitte Zypries told today's Bild daily that 60 per cent of German exports go to Europe and only about 10 per cent to the US Asked what the German government can do to prevent a negative impact on German jobs, she replied: "We must talk, talk, talk. The kind of isolation Donald Trump apparently strives for would hurt everyone, including American business." Zypries added, without specifying details, that some of what Trump has announced "is not compatible with the principles of the World Trade Organization."
 

Germany has the biggest economy in the 28-nation European Union and is one of the world's biggest exporters.

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First Published: Feb 01 2017 | 2:07 PM IST

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