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Germany welcomes China-US export deal, hopes for similar progress in EU-US talks
Published by Global Banking & Finance Review®
Posted on June 11, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on June 11, 2025
1 min readLast updated: January 23, 2026
Germany supports the China-US export deal and hopes for similar progress in EU-US talks, easing rare-earth export restrictions.
BERLIN (Reuters) -Germany welcomes a China-U.S. agreement on easing rare-earth export restrictions and hopes negotiations between the United States and the European Union could be solved in a similar way, Chancellor Friedrich Merz said on Wednesday.
"I expressly welcome it. This is not at the expense of Europe; rather, it is another conflict that has been resolved," Merz said at a joint news conference with Danish Prime Minister Mette Frederiksen in Berlin.
U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths, while offering little sign of a durable resolution to longstanding trade differences.
(Reporting by Riham Alkousaa and Andreas Rinke; Editing by Sharon Singleton)
Germany welcomed a China-U.S. agreement on easing rare-earth export restrictions.
Germany hopes that negotiations between the United States and the European Union could be resolved similarly to the China-U.S. agreement.
Friedrich Merz, the leader of the opposition in Germany, expressed support for the agreement during a joint news conference.
U.S. and Chinese officials agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths.
Merz stated that the agreement is not at the expense of Europe, but rather represents another conflict that has been resolved.
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