New Economy Forum
Trump Won’t Kill Off Germany’s Trade Surplus
- Imbalance is unlikely to recede while the euro remains weak
- Germany shows little appetite for IMF suggestion to spend more
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Germany’s trade surplus is likely to stay large no matter how hard Donald Trump tries to make it disappear.
The U.S. president has accused his ancestral homeland -- his grandfather was a German immigrant -- of unfair trade practices and threatened the country with import levies on cars. Time is running out if he’s to make any inroads during his four-year term.