Even though we still don't know any precise details, we're already making it clear that some proposals like a border tax or "buy-American" regulations are heading in a protectionist direction. The Americans' sudden proposal to classify certain steel products as national security-related is also something that we find highly problematic.

It is time for the Chinese to make good on their word.

Germany and other countries have protested to the U.S. We have to make it clear again and again that millions of jobs in the U.S. depend on trade with the EU.

I actually do not believe that Trump is anti-trade as such. He himself was a life-long trader in his own area, the real estate sector. And hasn't he just closed an arms deal with the Saudis valuing over $100 billion? The difference is that Trump sees trade as something with a winner and a loser. This seems to be a theme of his, and that makes us different. For us, trade is something where both sides win.

Building walls does not make any country great again.

The U.S. has dropped its role as the vanguard of free trade, they are looking for a new partner: the EU.

If the U.S. turns away from the international system, then we will simply have to look after it ourselves. Together, we can demonstrate that, even in the Trump era, free trade is not a thing of the past.