Merz Meets Trump: A Fresh Spin on Transatlantic Trade
Linnemann persists in seeking open market arrangements with the United States
In the midst of the tumultuous trade dispute between the EU and the US, CDU General Secretary Carsten Linnemann remains hopeful for a free trade agreement between these democratic titans. With a whopping 800 million citizens at stake, it's all about setting shared standards across the globe, even against China's might, explains Linnemann to the German Press Agency, ahead of the much-anticipated summit between Chancellor Friedrich Merz (CDU) and US President Donald Trump at the Oval Office. According to Linnemann, "Cooperation is key."
Trade negotiations between the EU and the US hit a roadblock back in 2016. Since Trump took office, relations have been testy, with the US President attempting to challenge the European trade surplus through tariffs.
Despite the frosty relationship between Germany and the US, Linnemann warmly expects a "respectful encounter" between Merz and Trump. Here's why: Merz, who has been captivated by America, has made over 170 visits to the States and served as the chairman of the Atlantic Bridge for ten years, notes Linnemann. "These, I believe, are the ideal foundations for a conversation with Donald Trump."
It's worth noting that the current trade landscape is intricate, to say the least. Although the EU hasn't resorted to retaliatory tariffs despite recent increases by the US on steel and aluminum, now at a hefty 50%[1], the EU has signaled its intent through a public consultation on potential countermeasures, targeting U.S. goods such as aircraft, automobiles, and medical devices[2].
Nevertheless, as Merz prepares to shake hands with Trump, bridging the divide and fostering cooperation between the old and the new worlds remains the top priority.
During the meeting between Chancellor Friedrich Merz and US President Donald Trump, discussions on war-and-conflicts, policy-and-legislation, and politics are expected, considering the ongoing trade dispute and the intricate landscape of transatlantic trade. In the realm of general news, the potential conversation could also touch upon the resumption of negotiations on a free trade agreement between the EU and the US, which faced a roadblock in 2016.