CLEAN : Treasury chief in Germany says US not seeking trade wars

The transcript discusses the economic partnerships between the US and EU, highlighting Germany as a potential barrier. It emphasizes the US's focus on creating economic growth beneficial for all and avoiding trade wars. The transcript also touches on addressing trade imbalances. The latter part includes unrelated topics, such as Princess Kate and liberalism.

What is the desired approach towards trade wars as stated in the text?

What does the text imply about the nature of trading relationships?