
Germany at a Crossroads Over How To Deal With Chinese Trade
It is a mistake to introduce more protectionism before scrapping domestic policies that badly hurt competitiveness.

It is a mistake to introduce more protectionism before scrapping domestic policies that badly hurt competitiveness.

The U.S. president is tackling an issue the nation has been kicking down the road since the end of the gold standard in 1971: the gaping chasm of fiscal disaster and trade deficits.