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German Opposition Leader Proposes EU-US Free Trade Talks Ahead of Trump's Return

Friedrich Merz advocates for renewed trade negotiations to counter potential tariffs and bolster EU competitiveness.

  • Friedrich Merz, Germany's CDU leader and frontrunner for chancellor, has called for a 'positive agenda' with the US, including renewed free trade negotiations.
  • Merz warns of tougher economic conditions for Europe under Donald Trump's upcoming presidency, citing potential high import tariffs on EU goods.
  • The proposed trade talks aim to revive discussions on an EU-US free trade agreement, which were halted during Trump’s first term in 2017.
  • Merz opposes retaliatory tariffs, advocating instead for measures to restore EU competitiveness, such as lowering Germany's corporate tax rate to 25%.
  • The US remains Germany's largest export market, with trade imbalances and potential tariffs posing significant risks to the German economy.
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