Trump won the Nov. 8 election campaigning on a protectionist
policy stance that has raised concerns among some economists
that global trade could suffer during his four-year term.
"Now it is possible that the United States will be more
inward-looking over the coming years. Less prone to negotiate
trade agreements, but also to engage on the international
scene," Malmstrom said.
"I think the EU has a possibility to fill the void," she told a
congress of the Alliance of Liberals and Democrats for Europe (AlDE)
party in Warsaw.
Trump threatened during his election campaign to dump a trade
agreement with Mexico and Canada as well as to tax money sent
home by migrants to pay for a wall along the southern U.S.
border with Mexico.
"We can show that walls, that protectionism are not what the
world needs right now," Malmstrom said. "We can show that open
borders and trade are compatible with sustainable development
and high standards.”
The United States and EU were committed to sealing a
much-debated trade deal before President Barack Obama leaves
office in January, but both sides now recognize that this will
not happen with Trump soon to take office.
(Reporting by Marcin Goettig; editing by Mark Heinrich)
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