Germany’s Merkel vows not to give up on US free trade deal

Far-left activists have threatened attacks ahead of the G-20 summit of major world leaders that Germany is hosting in Hamburg July 7-8.

Pope Francis has asked Germany to keep fighting for the Paris climate change deal and to “tear down walls” that inhibit global cooperation, Chancellor Angela Merkel said on Saturday, offering a stark contrast between her agenda and USA policy. In a speech to an annual German industry congress, she stressed the need to convince others of the advantages of open markets and free and fair world trade. “I want us to reach a good agreement and this should be in the interests of both sides”, she added.

German Economy Minister Brigitte Zypries has written a letter to U.S. Commerce Secretary Wilbur Ross in which she criticised Washington’s plans to take action against steel imports, a German newspaper reported on Tuesday.

Despite the warm words, Merkel, who was speaking at a pre-summit event in Hamburg on Monday, nonetheless renewed her criticism of U.S. President Donald Trump’s decision to pull the U.S. out of the Paris climate accord, which she called a “bitter blow”. -European Union deal, the planned Trans-Atlantic Trade and Investment Partnership, also look poor.

German direct investments in the US are nearly 10 times higher than USA companies’ investments in Germany, she added – “a lot of jobs in the United States depend on this, but this is also a contribution to world trade because, of course, there are also exports from the United States”.

German Chancellor Angela Merkel smiles during a joint news conference as part of a meeting with Romanian President Klaus Iohannis at the chancellery in Berlin, Germany, Monday, June 19, 2017.