EU warns Trump: Trade barriers and building walls ‘doomed to fail’

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>The European trade commissioner has said US president Donald Trump&&num;8217&semi;s trade policies are &&num;8220&semi;doomed to fail&&num;8221&semi;&comma; and that the EU remains committed to open borders and economies&period;<&sol;p>&NewLine;<p>Cecilia Malmstrom said most countries still share the same vision of open trade and investments&period;<&sol;p>&NewLine;<p>She said that <i>&&num;8220&semi;building a wall is not the answer&&num;8221&semi;&comma;<&sol;i> adding&colon; <i>&&num;8220&semi;The success of the EU relies on our open societies&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>Ms Malmstrom said&colon; <i>&&num;8220&semi;Those who in the 21st century think that we can become great again by rebuilding borders&comma; re-imposing trade barriers&comma; restricting people&&num;8217&semi;s freedom to move &&num;8211&semi; they are doomed to fail&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>Mr Trump&&num;8217&semi;s decision to pull out of the Trans-Pacific Partnership on Monday has been widely regarded as an indicator of a more enclosed US trade policy&period;<&sol;p>&NewLine;<p>Ms Malmstrom&&num;8217&semi;s speech at the Bruegel think tank was the most comprehensive and scathing EU reaction since Mr Trump was sworn in on Friday&period;<&sol;p>&NewLine;<p>The US president has argued he is protecting domestic jobs by pulling out of the TPP agreement&comma; which would have lowered barriers to trade between the Pacific countries&period;<&sol;p>&NewLine;<p>Ms Malmstrom insisted the problem is an inability of economies to deal with evolution &&num;8211&semi; in this case &&num;8220&semi;automation&comma; with machines and computers replacing manual work&&num;8221&semi;&period;<&sol;p>&NewLine;<p>She added&colon; <i>&&num;8220&semi;Against this reality&comma; trade deals are a handy scapegoat&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>The EU had wanted to seal a free trade deal with the US before ex-president Barack Obama left office&period;<&sol;p>&NewLine;<p>Proponents said it would have added about €100 bn per year in output to each side&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;The election of Donald Trump seems likely to put our EU-US negotiations firmly in the freezer&comma;&&num;8221&semi;<&sol;i> said Ms Malmstrom&period;<&sol;p>&NewLine;<p>Instead&comma; she said that the EU would now focus its efforts on deals with some other nations and trading blocs&comma; including Japan&comma; Mexico and the Mercosur South American trade group&period;<&sol;p>&NewLine;<p>As Mr Trump has been talking about undoing Nafta&comma; the North America free trade deal&comma; the EU is on the verge of clinching an agreement with Canada&period; Both sides have already signed and the European Parliament is set to ratify it next month&period;<&sol;p>&NewLine;<p>Ms Malmstrom said the alternative to such far-reaching agreements &&num;8220&semi;is little short of catastrophic&&num;8221&semi;&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd3682e9784">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; 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