31-01-2017 20:16 via uk.news.yahoo.com

Trump protectionism will hurt Germany badly - BDI industry body

The German economy will be badly affected if U.S. President Donald Trump pursues protectionist trade policies, the head of the BDI industry group said on Tuesday, adding that any attempt to reverse globalisation would be a big mistake. Germany is one of the world's leading trading nations, deriving nearly half its gross domestic product from exports. In 2015, the United States became Germany's top trading partner, overtaking France for the first time since 1961, partly owing to the weakening of
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