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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German Chancellor Friedrich Merz is heading to Beijing on for his first official visit as chancellor, aiming to strengthen political and economic dialogue with China before tackling pressing international crises.
Despite its economic might, the European Union is often labelled a “geopolitical dwarf.” The only region where it acts as an indisputable player, able to assert its will with relative ease, is the Western Balkans, along with parts of Eastern Europe.
“Real security guarantees are needed before the war ends,” Ukrainian President Volodymyr Zelenskyy said at the Munich Security Conference on Saturday (14 February), warning that Russian aggression shows no sign of relenting.
Europe needs to develop global partnerships with key nations to tackle global problems together, chancellor tells Munich Security Conference
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” following President Donald Trump’s new 15% tariffs and a U.S. Supreme Court ruling invalidating his previous global tariff programme.
Iran has signed a secret €500 million arms deal with Russia to rebuild air defences, weakened during last year’s war with Israel, the Financial Times has reported. The agreement, signed in December in Moscow, will see Russia deliver 500 Verba launch units and 2,500 9M336 missiles over three years.
A British national was among at least 19 people killed when a passenger bus plunged off a mountain highway into the Trishuli river in Nepal before dawn on Monday (23 February), authorities said. A New Zealander and a Chinese national were among those injured.
Seven people were killed after gunmen ambushed a police patrol in Kohat, a district in Pakistan’s north-west near the Afghan border, on Tuesday, in an attack that comes amid rising militant violence and heightened tensions between Pakistan and Afghanistan.
German Chancellor Friedrich Merz is heading to Beijing on for his first official visit as chancellor, aiming to strengthen political and economic dialogue with China before tackling pressing international crises.
Ukrainian President Volodymyr Zelenskyy has suggested that Hungarian Prime Minister Viktor Orbán should block financial support to Russia rather than Ukraine, as Budapest opposes the European Union’s 20th sanctions package against Moscow.
The Secretary-General of the United Nations, António Guterres, has called for an immediate, full and unconditional ceasefire in Ukraine, describing the conflict as “a stain on our collective conscience”.
Newcastle United secured a 3–2 victory over Qarabağ FK in the return leg of the UEFA Champions League play-offs at St James’ Park.
Laurence des Cars, director of the Louvre Museum, has resigned months after a $102 million daylight heist at the museum, which prompted a parliamentary inquiry.
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