Angela Merkel and Donald Trump: Photo: DPAGerman Chancellor Angela Merkel said Tuesday she wanted to resume talks between the European Union and the United States on the Transatlantic Trade and Investment Partnership (TTIP). "I am in favour of resuming negotiations on such a free trade accord - and also resolving all the problems together," Merkel told an economic symposium of her ruling Christian Democratic Party (CDU). On taking office he withdrew from the Trans-Pacific Partnership trade deal with Pacific Rim economies - but US Commerce Secretary Wilbur Ross said last month Washington was "open" to resuming TTIP talks. "It makes sense to continue TTIP negotiations and to work towards a solution that increases overall trade while reducing our trade deficit," Ross told broadcaster CNBC on May 31th. Germany, which last year turned in a record trade surplus, has been in Washington's sights since Trump came to power.

Source: The Local June 28, 2017 07:41 UTC