“Whoever wants growth—and I trust this administration will be a growth-friendly one—must be in favor of open markets,” Schäuble said.
Is the U.S. headed toward a trade war with Germany?
The Journal noted:
Mr. Schäuble, 74, spoke before the publication of Mr. Trump’s interview with a German and a British newspaper, in which he threatened German car makers with a 35% tariff on cars imported to the U.S. and hinted he was open to loosening sanctions on Moscow. The comments from Mr. Schäuble and Mr. Trump highlighted the possibility of a looming clash between the U.S. and Germany over trade policy.-RW