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Germany's Merz optimistic on trade deal with US by end of July

Published by Global Banking & Finance Review

Posted on July 9, 2025

1 min read

· Last updated: January 23, 2026

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Germany's Merz optimistic on trade deal with US by end of July
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BERLIN (Reuters) -German Chancellor Friedrich Merz is optimistic that the European Union can agree a trade deal with the United States by the end of this month at the latest, he told lawmakers on

Chancellor Merz Optimistic About US-EU Trade Deal by Month's End

BERLIN (Reuters) -German Chancellor Friedrich Merz is optimistic that the European Union can agree a trade deal with the United States by the end of this month at the latest, he told lawmakers on Wednesday.

"Our goal is to reach a trade agreement with the United States of America as quickly as possible that links mutual trade between America and the European Union with the lowest possible customs duties," he said, adding that he is in close contact with U.S. President Donald Trump and the European Commission.

(Reporting by Sarah Marsh, Writing by Miranda Murray, Editing by Rachel More)

Key Takeaways

  • Chancellor Merz is optimistic about a US-EU trade deal.
  • The goal is to reduce customs duties between the US and EU.
  • Merz is in close contact with President Trump and the EU Commission.
  • The trade deal is expected by the end of July.
  • Negotiations focus on mutual trade benefits.

Frequently Asked Questions

What is Chancellor Merz's outlook on the trade deal?
Chancellor Friedrich Merz is optimistic that the EU can finalize a trade deal with the US by the end of July.
What is the goal of the proposed trade agreement?
The goal is to establish a trade agreement that minimizes customs duties and promotes mutual trade between the US and the EU.
Who reported on Chancellor Merz's statements?
The article was reported by Sarah Marsh, with writing by Miranda Murray and editing by Rachel More.

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