Trump knows trade wars aren't the best approach to international relations, Finland's PM says
U.S. and Chinese officials are due to meet next month for a fresh round of trade talks. Trump said last week that he would consider an interim deal with China, but he would favor getting "the whole deal done."
Meanwhile, Trump has also pursued a tough stance on Europe regarding trade, threatening to impose tariffs on the region's carmakers. The sector is highly prized in countries like Germany and has been an important driver of growth for the region. "I hope that China, USA, and European Union, together, can solve these kind of situations," Rinne said, favoring a compromise at the international level, via the World Trade Organization .
"We are a small economy, we are a big export economy and it means, these kind of things; it could be that it harms our economy in the coming years," the Finnish leader said.has slowed since 2017. Data from the Finnish statistics office out in August showed that its growth rate increased in the second quarter by 0.5% compared to the previous three-month period. However, there was a contraction in exports — a key component of its economic growth.
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