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Germany's Merz says EU to shape better offer as global trade order comes under pressure
Merz said the EU should build a free-trade link with the CPTPP to counter tariff pressure and protect supply chains, citing 12 member countries.
- On Tuesday, German Chancellor Friedrich Merz began a four-day trip in Singapore, urging the European Union to deepen trade partnerships across Southeast Asia and the Trans-Pacific Partnership to counter global trade restrictions.
- Merz emphasized the stability offered by Europe, aiming to provide a "deliberate counterpoint" to unpredictable tariffs from the United States under President Donald Trump and trade restrictions imposed by China.
- The European Union, representing 450 million consumers, seeks a new free-trade agreement with the 12-member CPTPP while coordinating bilateral frameworks with partners like Malaysia, Indonesia, India, and Singapore.
- Following a meeting with Singapore Prime Minister Lawrence Wong, Merz agreed to expand bilateral cooperation in security, defense, sustainable energy, and artificial intelligence, as Wong expressed confidence in Germany's long-term investment potential.
- When Singapore assumes the chairmanship of the Association of Southeast Asian Nations in 2027, Wong pledged to prioritize progress on an ASEAN-EU free trade deal to foster further economic integration.
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49 Articles
49 Articles
Germany's Merz says EU to shape better offer as global trade order comes under pressure
German Chancellor Friedrich Merz said on Friday that the European Union will take the lead in shaping a better offer when free trade and the rules-based trading order come under pressure.
·London, United Kingdom
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Germany Urges EU to Strengthen Global Trade Leadership Amid Rising Protectionism
German Chancellor Friedrich Merz is urging the European Union to play a stronger role in protecting international trade and creating alternatives to restrictive bilateral agreements. His appeal comes as concerns grow over US tariffs, China's expanding industrial influence and mounting pressure on the global trading system.
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Total News Sources49
Leaning Left6Leaning Right8Center11Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 24%
C 44%
R 32%
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