European officials are dissatisfied with the policy of trump

EU politicians complain of a strange economic policy of the President of the United States.

Protectionist policy of Washington is even more dangerous for the world economy than was assumed until now, according to the Committee for economy and Finance of the EU, internal document which was available weekly.

According to the German weekly Der Spiegel, the EU Committee on economy and Finance criticizes the economic policies of U.S. President Donald trump. The commitment of the head of the White house to protectionism is a danger to world economy, says the publication of a confidential document of the Committee, which includes heads of financial departments of EU countries.

The consequences of protectionist policies trump “can be far more dangerous than it was assumed until now”, the document cites the website of the journal on Saturday, September 9. Full version of the material will come in the room of Der Spiegel dated 11 September.

In addition, the concern of the Europeans caused by the plans of Washington regarding government spending. The growth of public debt pose risks for the world market in the short term because it causes an outflow of international creditors, the heads of financial departments of European countries.

Meanwhile, trump’s intention to reform the taxation, which will reduce the tax burden of the most wealthy Americans, “does not soften, but rather exacerbate the problems facing the American economy,” the weekly quoted a document of the EU.

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