German Chancellor Friedrich Merz says he's “cautiously optimistic” about securing a U.S.-EU trade deal within days, highlighting its crucial importance for Germany’s export-heavy industries.
Speaking during a budget session in the Federal Parliament, Merz stressed the urgency of reaching a deal, particularly for Germany’s export-driven economy.
He warned that the ongoing tariff dispute is threatening key sectors such as chemicals, pharmaceuticals, automotive, steel, and aluminum, and emphasized that a quick resolution is essential to protect jobs and economic stability.
Merz noted that negotiations between the European Commission and the U.S. government have been 'intensive,' and revealed ongoing communication with both U.S. President Donald Trump and European Commission President Ursula von der Leyen.
The goal, he said, is to achieve a trade agreement that ensures the lowest possible tariff rates between the two economies.
Merz also emphasized that Germany must work in full alignment with its EU partners to make the deal a reality. “Germany alone would achieve nothing on this path,” he said.
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Hungary’s veteran nationalist leader Viktor Orbán has lost power to the centre-right Tisza party in Sunday’s national election after 16 years in office, marking a major political shift that has drawn reactions across Europe and the United States.
German Chancellor Friedrich Merz has voiced doubts about the effectiveness of the U.S. and Israeli military campaign in Iran, warning that the conflict risks becoming prolonged and increasingly complex.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 21 March, covering the latest developments you need to know.
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U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” saying Tehran failed to commit to abandoning its pursuit of a nuclear weapon, while warning the fragile ceasefire was on “massive life support”.
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Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
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French President Emmanuel Macron opened France’s first-ever business summit in an English-speaking African nation on Monday (11 May), as Paris seeks to strengthen ties across the continent following a decline in influence in several former French colonies.
UK Prime Minister Keir Starmer will attempt a political fightback on Monday (11 May) with a speech promising closer ties with the European Union after Labour suffered heavy local election losses and growing calls for his resignation.
U.S. President Donald Trump said on Sunday that three Polish nationals and two Moldovan citizens had been released from detention in Belarus and Russia, highlighting what he described as growing diplomatic cooperation with Minsk.
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