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After Trump victory, Obama and Merkel stress benefits of EU-US trade deal

German and US employers, workers, consumers and farmers would definitely benefit from the free trade deal being negotiated between the European Union and the United States, US President Barack Obama and German Chancellor Angela Merkel said.



Berlin: German and US employers, workers, consumers and farmers would definitely benefit from the free trade deal being negotiated between the European Union and the United States, US President Barack Obama and German Chancellor Angela Merkel said.

"An agreement that links our economies more closely and that builds on rules that comply with our shared values would help us to grow over the coming decades and to remain competitive at the global level," Obama and Merkel wrote in a joint guest article for German magazine WirtschaftsWoche.

Their comments come after the election of U.S. Republican Donald Trump, who made attacks on international trade deals a cornerstone of his campaign, saying they have cost U.S. jobs.

From Zee News

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