Trump - now hours away from his inauguration - has vowed to make sweeping changes to US trade policy, and economists see his protectionism as the biggest risk to US growth.
"The United States also signed international agreements," Schaeuble told magazine Der Spiegel, according to Reuters.
"I don't think a big trade war will break out tomorrow, but we will naturally insist that agreements are upheld," he said.
Trump criticized German auto makers this week for failing to produce more cars in the US and warned that he would impose a tax of 35 percent on vehicle imports.
US companies employ more than 600,000 people in Germany, the United States' biggest European trading partner, and German firms employ roughly the same number in the US
Schaeuble said he wished Trump luck if he wanted to tell Americans which cars to buy. "That's not my vision of America and I don't think it's his either," he said.
He also recommended not taking Trump's practice of tweeting policy changes too seriously.
"One shouldn't confuse Trump's form of communication with statements of government policy. We will not participate in that," he said.
[tasnimnews.com]
20/1/17
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