Germany's Merz optimistic on trade deal with US by end of July
Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Chancellor Merz is optimistic about finalizing a US-EU trade deal by the end of July, aiming to reduce customs duties and enhance trade relations.
BERLIN (Reuters) -German Chancellor Friedrich Merz is optimistic that the European Union can agree a trade deal with the United States by the end of this month at the latest, he told lawmakers on Wednesday.
"Our goal is to reach a trade agreement with the United States of America as quickly as possible that links mutual trade between America and the European Union with the lowest possible customs duties," he said, adding that he is in close contact with U.S. President Donald Trump and the European Commission.
(Reporting by Sarah Marsh, Writing by Miranda Murray, Editing by Rachel More)
Chancellor Friedrich Merz is optimistic that the EU can finalize a trade deal with the US by the end of July.
The goal is to establish a trade agreement that minimizes customs duties and promotes mutual trade between the US and the EU.
The article was reported by Sarah Marsh, with writing by Miranda Murray and editing by Rachel More.
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