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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Germany, and the UK hailed a major treaty to deepen ties in many areas ranging from defence to immigration. It's the latest push from Britain to reset relations with the European Union after Brexit in 2020. It comes after a recent treaty between France and the UK was signed last week.
The UK and Germany have signed a landmark treaty that includes plans for a direct rail connection between London and Berlin, aimed at boosting travel and trade between the two countries.
Prime Minister Keir Starmer will host Chancellor Friedrich Merz in London today for a wide-ranging visit aimed at revitalizing UK-Germany relations and signing a landmark bilateral Friendship and Cooperation Treaty—the first of its kind.
Germany and the UK will sign a new 'friendship treaty' next week to deepen cooperation on foreign policy, security, and economic ties amid global challenges.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
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British Prime Minister Keir Starmer led a virtual meeting which included over 30 international leaders on Tuesday morning of what is known as ‘coalition of the willing’.
Russian Foreign Minister Sergei Lavrov said on Tuesday that last week’s U.S.-Russia summit in Alaska showed U.S. President Donald Trump and his team were genuinely committed to securing a long-term and sustainable peace in Ukraine.
Russia has recently handed over another 1,000 bodies of fallen servicemen to the Ukrainian side, while Ukraine, in turn, transferred 19 bodies to Russia.
Air Canada's unionised flight attendants reached an agreement with the country's largest carrier on Tuesday, ending the first strike by its cabin crew in 40 years that had upended travel plans for hundreds of thousands of passengers.
The United Nations’ World Food Programme (WFP) warned that around three million Syrians could face severe hunger, noting that more than half of the country’s 25.6 million people are already food insecure.
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