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Message
Mertz pledges more cooperation on trade.
Posted on 6/5/25 at 8:55 pm
Posted on 6/5/25 at 8:55 pm
quote:CNBC
Chancellor Friedrich Merz on Thursday said Germany, Europe’s largest economy, was ready to take over a greater leadership role on future trade agreements as the United States and the EU race to reach a trade deal before a July 9 deadline.
Merz told reporters he had a productive meeting with U.S. President Donald Trump at the White House on Thursday, and the two men had agreed to strengthen cooperation on trade matters and other issues.
Merz said he and Trump spoke at length about trade and tariffs during their meeting in the Oval Office, and over an extended lunch, where Merz said he highlighted the manufacturing facilities operated by German automakers in the United States.
“We will send officials to further deepen these topics. We want to reach a mutual solution,” Merz told reporters after the meeting, noting that while the European Union was responsible for setting trade policy, Germany had a significant role to play given the size of its exports.
Posted on 6/6/25 at 7:17 am to bigjoe1
Sounds like more fuel to the fire for an upcoming extension of the deadline
Posted on 6/6/25 at 7:50 am to bigjoe1
Germany seems like a tough nation to make a deal with-
Their labor unions are strong and they have tariffs and other protections on their chemical and industrial sectors
Herr Mertz would be risking political capital trying to get rid of decades old tariffs
Their labor unions are strong and they have tariffs and other protections on their chemical and industrial sectors
Herr Mertz would be risking political capital trying to get rid of decades old tariffs
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