German Finance Minister Says 'Important' to Be Close to Trump Administration

The video discusses Europe's readiness for potential policy changes under a new U.S. administration, emphasizing the importance of maintaining strong transatlantic relations. It highlights concerns about trade disruptions and the potential for European retaliation, while noting the significance of global trade for Germany. The video also covers European trade policy, including recent agreements with Latin American countries, and examines the impact of a strong dollar on European exports, considering various market factors.

What role does the European Union play in trade policy according to the text?

How might a strong dollar impact European exports based on the discussion?