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		</div><p>Germany will seek common ground &#8220;wherever possible&#8221; with US president Donald Trump&#8217;s administration, Chancellor Angela Merkel said, despite differences over his recent travel ban.</p>
<p>The US was Germany&#8217;s largest single trading partner in 2015, with German exports significantly outweighing imports from America, and there is concern in Berlin over the possibility of a more protectionist approach in Washington.</p>
<p>&#8220;We will try to find common ground wherever possible,&#8221; Mrs Merkel told reporters in Munich.<br />
She stressed the importance of Nato, and acknowledged the need for Germany to &#8220;do more in the area of defence&#8221;.</p>
<p>Former US president Barack Obama also pressed European Nato allies to boost their defence spending, &#8220;but it is now gaining yet more significance&#8221;, Mrs Merkel said.<br />
&#8220;We will see, issue by issue, where we can cooperate and where we have different opinions,&#8221; she added of the Trump administration.</p>
<p>&#8220;But it&#8217;s in Germany&#8217;s interest to strengthen the common ground there is, where possible, on our part &#8211; from the cooperation of intelligence services to defence questions and, of course, the fact that the United States is the biggest trading partner for Germany.&#8221;</p>
<p>Mr Trump has in the past called Nato &#8220;obsolete&#8221;.</p>
<p>However, the White House said after the two leaders spoke a week ago that he and Mrs Merkel agree on the &#8220;fundamental importance&#8221; of Nato to trans-Atlantic relations.</p>
<p>Mrs Merkel has criticised the immigration restrictions imposed by Mr Trump, but otherwise has been restrained in her comments on the new US administration.</p>
<p>Asked whether German companies and banks need to be shielded from possible US protectionist measures, she replied: &#8220;I have no reason to speculate.</p>
<p>&#8220;We must see what the American administration does, and then will have to consider whether we react or don&#8217;t react.&#8221;</p>
<p>Mrs Merkel underlined her commitment to multilateralism and trade agreements.</p>
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