At a press conference in Berlin, German Chancellor Friedrich Merz addressed the delay in ratifying the EU-US trade agreement, which has been influenced by Trump's threats regarding tariffs for certain European states. Although the American president has withdrawn this threat, Merz emphasized that unresolved issues related to tariffs on aluminum and steel remain. He mentioned that the agreement reached in July 2022 favors the US, imposing a 15% tariff on European products imported into the US, without tariffs on imports from the US into the EU. Merz highlighted that uncertainty over these tariffs affects trade and investments.
Additionally, Merz thanked Romania for supporting the trade agreement with the South American bloc Mercosur and expressed hope that it will come into force soon. The agreement with Mercosur is considered vital for revitalizing the German industry, but raises concerns for European farmers, who fear competition from South American agricultural products. The European Commission will decide whether the agreement can be provisionally applied, pending the decision of the CJEU. Regarding the EU-US agreement, ratification remains suspended, and MEPs will assess the situation in future meetings.
Additionally, Merz thanked Romania for supporting the trade agreement with the South American bloc Mercosur and expressed hope that it will come into force soon. The agreement with Mercosur is considered vital for revitalizing the German industry, but raises concerns for European farmers, who fear competition from South American agricultural products. The European Commission will decide whether the agreement can be provisionally applied, pending the decision of the CJEU. Regarding the EU-US agreement, ratification remains suspended, and MEPs will assess the situation in future meetings.
Sources
Friedrich Merz consideră că Parlamentul European ar trebui să ratifice acordul comercial dintre UE și cere Comisiei Europene intrarea temporară în vigoare a acordului cu Mercosur
Merz consideră că acordul comercial UE-SUA poate fi ratificat şi cere Bruxelles-ului să aplice provizoriu acordul cu Mercosur
Merz susține că înțelegerea comercială UE-SUA poate fi ratificată. Solicitare către Bruxelles privind acordul cu Mercosur
Latest News
10:22
Israel carried out an attack in southern Syria, targeting a supposed "terrorist." The Syrian Foreign Ministry accused of a "flagrant violation" of territory.
10:04
A Russian drone hit a residential area in Kharkiv, injuring four people. In the Sumy region, two people died due to the explosion of explosive devices.
09:41
The final results of the 2026 Baccalaureate exam, autumn session, will be published on Monday, August 24, by 12:00 PM.
09:28
An earthquake with a magnitude of 5.9 occurred on Sunday morning near Tokyo, causing 37 injuries and minor damage.
09:13
A power plant in Great Britain was shut down for four days due to a cyber attack attributed to Iranian hackers.
See more news