Friedrich Merz warned of a financial crisis about Donald Trump’s customs policy. Nevertheless, the future chancellor wants to strengthen the trade with the USA.
Berlin-The designated Chancellor and CDU boss Friedrich Merz has the dramatic consequences of the chaotic pay decisions by US President Donald Trump Warned. “President Trump’s policy increases the risk that the next financial crisis will come faster than expected,” Merz told the Handelsblatt.
And Merz is not alone with his concern. After Trump’s chaotic customs threats, there is unrest in international markets and the Wallstreet. Influent Trump supporters such as hedge fund billionaire Bill Ackman are already pushing Trump to give in.
And the future chancellor in Germany also knows what he is talking about, because With markets and finances Merz knows. Money is practically his hobby: According to the estimate, his private assets are estimated Asset magazines around 12 million euros; For years he was the chief lobbyist of the world’s largest asset manager Blackrock and Merz was working for the Mayer Brown law firm until 2021 Time online Cum-Ex also earned on the tax theft.
Friedrich Merz stands for a narrow welfare state and free markets
In the future, however, Merz will no longer take care of private assets, but will take care of the budget and economy of the Federal Republic. Ideologically Merz stands for one Austerity course at the welfare state And for promoting the free market. After its planned inauguration in May, the good relationship with important trading partners for German industry should have priority.
Globalization is “shaken in its basic festivals – and Germany is like this like hardly any other country,” said Merz to Handelsblatt. On his first visit to Washington, he wanted to make it clear that Europe had a capable of action and Political unity ready for action be. “This is the only way we can get respect.”
Friedrich Merz wants to strengthen trade with USA – “we need gas, including American”
At the same time, the CDU leader was open to importing more raw materials from the USA. “We need gas, including American,” he said. However, he also emphasized that Germany should have several suppliers in order not to be dependent on one. He wants to avoid uncomfortable dependency like that of Russia.
At the same time, Merz wants to reinforce trade with other regions of world regions. “Countries such as Canada, Mexico, India, Japan, South Korea, the whole Southeast Pacific area, up to Australia, New Zealand, there are great opportunities for us,” said the future chancellor. The same applies to the Mercosur countries in South America and Africa.
Great Britain wants Merz again to the EU Bind, but he does not believe that Brexit can be undone “for the foreseeable future”. “With Great Britain, Norway, Switzerland, also with Turkey, we could create a common economic area step by step even without full membership in the European Union.” (LM/AFP)
