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German Minister Calls For New EU-US Trade Deal Focused On Industrial Sector. (05/08/2018)

Reuters (5/5) reported German Economic Minister Peter Altmaier told a local newspaper that the stalled Transatlantic Trade and Investment Partnership (TTIP) has “proved to be unrealizable,” but that the two nations “should talk about doing something new, such as an understanding concerning selected industrial products.” Reuters noted, “Berlin is urging its European partners to show some flexibility and pursue a broad trade deal that benefits” both the US and Europe, but “some countries are resisting,” with France in particular seeking “a tougher EU stance against” President Trump’s threat of steel and aluminum tariffs.

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