Germany collides with Trump
When an irresistible force meets an immovable object, the results are generally not pretty. For this reason, one has to worry about Germany’s outsized trade surplus, which appears to be putting that country on a collision course with the Trump administration.
Being elected on the platform that other countries have been taking advantage of the U.S. in the area of international trade, President Donald Trump seems to be moving irresistibly towards doing something about other countries’ large trade surpluses. Being sure that its country’s large trade surplus is a sign of virtue rather than constituting any problem, the German government is immovable about any notion of taking policy measures to help reduce the size of that surplus.
