Germany accuses US of ‘economic war’
‘A top German official says the United States has waged an ‘economic war’ against Deutsche Bank over its alleged sales of mortgage-backed securities before the 2008 financial crisis.
Peter Ramsauer, the chairman of the economics committee of the German parliament, told the media that Washington has what he described as a “long tradition” of waging trade wars, if they are favorable to the US economy.
The case of the Deutsche Bank is an example of that, Ramsauer said in an interview with Welt am Sonntag.’
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