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Germany Fires Back at US Critique of Its Trade Surplus

March 20,2017 20:07

FRANKFURT—Germany's top economic officials on Monday defended the nation's giant foreign surpluses, pushing back against the new U.S. administration's criticism of German trade policy. The two-pronged defense follows on the heels of a contentious ...



FRANKFURT—Germany’s top economic officials on Monday defended the nation’s giant foreign surpluses, pushing back against the new U.S. administration’s criticism of German trade policy. The two-pronged defense follows on the heels of a contentious meeting of Group of 20 finance officials in Germany, where frictions between the U.S. and other advanced countries over trade emerged. Germany’s central bank argued in a report Monday...

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