The German counselor Ferdrich Mirz said that the tariff policies belonging to Donald Trump increases the risk of a financial crisis and called for the European -American Free Trade Agreement, and captured an idea that was hostile to the American President.
“Yes, I hope for a new across the Atlantic agreement,”interview.“A zero percent tariff for everything. It will be better for both sides.”
The European Union has proposed the mutual definitions “zero against zero” on the industrial goods of the United States. Trump told reporters on Monday that the proposal was not enough and suggested that Europe be compensated by buying US energy.
Mirz said that Europe should focus on non -American markets if the United States decides to completely start from global trade.
Mirz, who heads the Christian Democratic Union Party to the right of the center led by Angela Merkel, has reached a political agreement this week with social Democrats to establish the next government in Germany. Legislators are ready to electadvisorin May.
“President Trump’s policies increase the risk of the next financial crisis sooner than expected,” Mirz told Handelsblatt. “We Europeans need to reach a convincing response.”
This story was originally shown on Fortune.com
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