The executive Chancellor Olaf Scholz warns of the risks of protectionism for world trade. Nobody benefits from it, said the SPD politician when visiting the Hannover Messe with a view to the announced US tariffs. “We all work together to ensure that the crazy way of protectionism does not destroy the growth opportunities of the whole world.” You have to react clever, decidedly and strongly to protectionist actions. “But we always have to do it with the perspective that we want to agree,” emphasized Scholz. A worldwide networked economy is particularly important. “By exchanging ourselves, we manage to achieve better progress, better prosperity, better growth all over the world,” said Scholz.Kein Land could only build, sell and develop highly specialized machines. “Even large countries such as the USA and China are too small to develop specialized products that are only suitable for their own market,” said Scholz, but not only protectionism threatens the economic development of the world, but also warlike activity. The consequences can be seen in Ukraine, for example. “We have to return to a peaceful world in which a principle is clear: the stronger neighbors are no danger to their weaker neighbors.”
