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merkel defends germany's trade surplus


berlin — german chancellor angela merkel is defending the country's trade surplus, saying the government is working to encourage domestic demand but that not all factors are in its control.u.s. president donald trump's administration has been critical of germany's surplus, and merkel's comments in her weekly podcast saturday come as economy minister peter altmaier gets ready to head off sunday to washington for talks with a possible trade war looming between europe and the u.s.merkel said domestic demand has been growing, helping narrow the german trade surplus to 244.9 billion euros in 2017 ($301.1 billion) from a record 248.9 billion euros the previous year.but she noted fluctuations in oil prices and exchange rates were outside germany's control, and the trade surpluses also "show that






merkel defends germany's trade surplus as us trade war looms


berlin — german chancellor angela merkel defended the country's trade surplus saturday, saying the government is working to encourage domestic demand but that not all factors are under its control.u.s. president donald trump's administration has been critical of germany's trade surplus. merkel's comments in her weekly podcast came as economy minister peter altmaier was getting ready to head off sunday to washington for talks as a possible trade war looms between europe and the u.s.merkel said domestic demand has been growing, helping narrow the german trade surplus to 244.9 billion euros ($301.1 billion) in 2017 from a record 248.9 billion euros the previous year.but she noted fluctuations in oil prices and exchange rates were outside germany's control, and the trade surpluses also "show t






what's behind the german trade surplus angering trump?


frankfurt, germany — president donald trump keeps criticizing germany's trade surplus with the united states. germans respond by saying their products are just better and people want to buy them.one thing isn't in dispute: german companies sold 107 billion euros ($120 billion) worth of goods to u.s. customers last year. going the other way, u.s. companies sold 58 billion euros ($65 billion) worth of stuff to germany. the result: a german trade surplus of 49 billion euros ($55 billion).trump tweeted tuesday that "we have a massive trade deficit with germany, plus they pay far less than they should on nato & military. very bad for u.s. this will change." he also told eu officials that germany was "very bad" on the trade question during his stop in brussels last week.what's behind all this? h






what's behind the german trade surplus angering trump?


frankfurt, germany — president donald trump keeps criticizing germany's trade surplus with the united states. germans say their products are just better and people want to buy them.one thing isn't in dispute: german companies sold 107 billion euros ($120 billion) worth of goods to u.s. customers last year. going the other way, u.s. companies sold 58 billion euros ($65 billion) worth of stuff to germany. the result: a german trade surplus of 49 billion euros ($55 billion).trump tweeted tuesday that "we have a massive trade deficit with germany, plus they pay far less than they should on nato & military. very bad for u.s. this will change." he also told eu officials that germany was "very bad" on the trade question during his stop in brussels last week.what's behind all this? here's a look a






germany’s global trade surplus hits record in 2016


frankfurt—germany’s exports exceeded its imports by the widest yearly margin on record last year, a sign of the strength of europe’s biggest economy that could inflame tensions between washington and berlin over their trade relations.germany’s trade surplus—or the balance of exports and imports of goods—rose to €252.9 billion ($270.58 billion), marking the highest surplus since records began after world war ii, the statistics body...






what’s behind the german trade surplus angering trump?


frankfurt, germany (ap) — president donald trump keeps criticizing germany’s trade surplus with the united states. germans say their products are just better and people want to buy them.one thing isn’t in dispute: german companies sold 107 billion euros ($120 billion) worth of goods to u.s. customers last year. going the other way, u.s. companies sold 58 billion euros ($65 billion) worth of stuff to germany. the result: a german trade surplus of 49 billion euros ($55 billion).trump tweeted tuesday that “we have a massive trade deficit with germany, plus they pay far less than they should on nato & military. very bad for u.s. this will change.” he also told eu officials that germany was “very bad” on the trade question during his stop in brussels last week.what’s behind all this? here’s a l






germany's merkel vows not to give up on us free trade deal


berlin — chancellor angela merkel vowed tuesday to seek a broad agreement on trade at next month's group of 20 summit and told german business leaders that she won't give up on a free-trade deal between europe and the u.s.merkel will host leaders of the g-20 powers in hamburg on july 7-8 amid widespread concern over the trump administration's "america first" approach to trade. in a speech to an annual german industry congress, she stressed the need to persuade others of the advantages of open markets and free and fair world trade."we will do everything to achieve as broad an agreement as possible on this in hamburg," merkel said. "in view of the new american administration that isn't easy, but we must make the effort nonetheless."president donald trump has pulled the u.s. out of a trade ag






germany's merkel vows not to give up on us free trade deal


berlin — chancellor angela merkel vowed tuesday to seek a broad agreement on trade at next month's group of 20 summit and told german business leaders that she won't give up on a free-trade deal between europe and the u.s.merkel will host leaders of the g-20 powers in hamburg on july 7-8 amid widespread concern over the trump administration's "america first" approach to trade. in a speech to an annual german industry congress, she stressed the need to convince others of the advantages of open markets and free and fair world trade."we will do everything to achieve as broad an agreement as possible on this in hamburg," merkel said. "in view of the new american administration that isn't easy, but we must make the effort nonetheless."president donald trump has pulled the u.s. out of a trade ag






trump wants to cut bilateral trade deals, but what if nobody comes to the table?


in his first swing through europe as president, donald trump left little doubt that he would pursue his “america first” policy in economic relations, creating a stir by denouncing germany’s trade surplus with the u.s. and promising to end it."the germans are bad, very bad,” trump was quoted as saying during a meeting in brussels with european union leaders. trump’s top economic adviser, gary cohn, later confirmed the statement, saying it referred only to germany’s trade practices, not to its people or the country.trump has criticized germany’s trade practices before, right to chancellor angela merkel’s face, and suggested that he wanted to negotiate directly with german leaders to fix america’s unbalanced trade with europe’s largest economy.but as part of the european union, germany does n






china reports biggest-ever annual trade surplus with u.s.


beijing—china’s chronically high trade surplus with the u.s. hit a record level in 2017, adding fuel to trump administration criticisms about chinese trade practices just as it weighs a range of penalties and other actions to curb the imbalance.stronger growth in the u.s. pushed up demand for chinese exports, expanding china’s trade surplus in goods by 10% to $275.8 billion last year, even as its overall trade surplus shrank 17%, according to chinese customs data released friday. ...






germany’s merkel vows not to give up on us free trade deal


berlin (ap) — chancellor angela merkel vowed tuesday to seek a broad agreement on trade at next month’s group of 20 summit and told german business leaders that she won’t give up on a free-trade deal between europe and the u.s.merkel will host leaders of the g-20 powers in hamburg on july 7-8 amid widespread concern over the trump administration’s “america first” approach to trade. in a speech to an annual german industry congress, she stressed the need to convince others of the advantages of open markets and free and fair world trade.“we will do everything to achieve as broad an agreement as possible on this in hamburg,” merkel said. “in view of the new american administration that isn’t easy, but we must make the effort nonetheless.”president donald trump has pulled the u.s. out of a tra






trump tweets criticism of germany after merkel questioned us reliability


u.s. president donald trump criticised germany on tuesday for its trade surplus and military spending levels, a day after chancellor angela merkel rammed home her doubts about the reliability of the united states as an ally.“we have a massive trade deficit with germany, plus they pay far less than they should on nato & military. very bad for u.s. this will change,” trump tweeted.on monday, merkel underlined her doubts about the reliability of the united states as an ally, venting european frustrations with trump after back-to-back summits last week, but said she was a “convinced trans-atlanticist”.(writing by paul carrel; editing by michael nienaber)






germany fires back at u.s. critique of its trade surplus


frankfurt—germany’s top economic officials on monday defended the nation’s giant foreign surpluses, pushing back against the new u.s. administration’s criticism of german trade policy.the two-pronged defense follows on the heels of a contentious meeting of group of 20 finance ministers in germany, where frictions between the u.s. and other advanced countries over trade emerged.germany’s central bank argued in a report monday...






germany fires back at u.s. critique of its trade surplus


frankfurt—germany’s top economic officials on monday defended the nation’s giant foreign surpluses, pushing back against the new u.s. administration’s criticism of german trade policy.the two-pronged defense follows on the heels of a contentious meeting of group of 20 finance officials in germany, where frictions between the u.s. and other advanced countries over trade emerged.germany’s central bank argued in a report monday...






german exports, imports reach record heights in march


berlin — german exports rose to a new record high in march, but were outpaced by imports to slightly narrow the trade surplus, while factory production dropped slightly, according to two reports tuesday from europe's largest economy.germany has been oft criticized by the u.s. and others for its large trade surplus over accusations its exports have been profiting from a relatively weak euro, and that the country's not doing enough to spur domestic demand for foreign goods.berlin counters that products made in germany are simply better than the competition.the federal statistical office said exports hit an all-time high in march, rising 0.4 percent over february to 105.4 billion euros ($114.9 billion), while imports also set a new record with an increase of 2.4 percent to 85.8 billion euros






germany's merkel vows not to give up on us free trade deal


berlin — chancellor angela merkel is telling german business leaders that she won't give up on a free trade deal between europe and the u.s., and will seek broad agreement on trade at next month's group of 20 summit.prospects for the planned eu-u.s. deal look poor, particularly after president donald trump quit a pacific nations' trade agreement.but merkel told an annual german industry congress tuesday: "i will continue to push for us to move forward here, for us not to put the project on ice."merkel will host the g-20 summit july 7-8. she underlined the advantages of free markets and trade and said she will seek a "broad agreement."she added: "in view of the new american administration that isn't easy, but we must make the effort."






merkel and trump to discuss trade and defence in us talks


image copyrightafpimage caption donald trump and angela merkel have widely differing leadership styles german chancellor angela merkel is due to meet president donald trump in washington, with transatlantic trade and nato ties high on the agenda.mr trump has ruffled feathers in germany by threatening its carmakers with tariffs and calling on berlin to boost defence spending.mrs merkel will be accompanied by top executives from german companies siemens, schaeffer and car giant bmw.her visit was scheduled for tuesday but had to be postponed due to a snowstorm.ahead of friday's talks, mrs merkel told a german newspaper she was looking forward to her first meeting with president trump."it's always better to talk with each other than about each other," she told saarbruecker zeitung.media captio






merkel and trump to discuss trade and defence in us talks


image copyrightafpimage caption donald trump and angela merkel have widely differing leadership styles german chancellor angela merkel is due to meet president donald trump in washington, with transatlantic trade and nato ties high on the agenda.mr trump has ruffled feathers in germany by threatening its carmakers with tariffs and calling on berlin to boost defence spending.mrs merkel will be accompanied by top executives from german companies siemens, schaeffer and car giant bmw.her visit was scheduled for tuesday but had to be postponed due to a snowstorm.ahead of friday's talks, mrs merkel told a german newspaper she was looking forward to her first meeting with president trump."it's always better to talk with each other than about each other," she told saarbruecker zeitung.media captio






china reports biggest-ever annual trade surplus with u.s.


beijing—china reported its largest-ever annual trade surplus with the u.s. last year while its overall imbalance with the world shrank, potentially strengthening the trump administration’s case for tougher penalties and other trade actions against beijing.a global recovery led by the u.s. provided a shot in the arm for chinese exporters last year, boosting china’s economy. rising american demand, in particular, pushed up chinese shipments, expanding china’s trade surplus in goods with the u.s. by 10% to $275.8 billion in...






the latest: trump, merkel meet after he criticizes germans


taormina, italy — the latest on president donald trump's first trip abroad (all times local):7:15 p.m.president donald trump and german chancellor angela merkel have met on the heels of trump criticizing the germans on trade.trump and merkel met on the sidelines of a summit in sicily on friday, a day after trump reportedly said germany was "bad" for having a large trade surplus with the united states.gary cohn, director of trump's national economic council, disputed that the president said germany was "bad." cohn asserted that the president was misquoted, but he did say that trump was critical of the trade deficit.cohn also said trump was aware that germany cannot unilaterally adjust its trade deals with the united states because germany's deals are dictated by its membership in the europe






german, chinese leaders stress commitment to free trade


berlin — the german government says chancellor angela merkel and china's president have stressed their commitment to free trade in a telephone conversation — a day before merkel is expected in washington to meet president donald trump.germany this year chairs the group of 20 industrial powers, and merkel will be hosting trump, chinese president xi jinping and the other leaders at a summit in hamburg in july.merkel's office said in a brief statement that the chancellor and xi stressed thursday they would "support free trade and open markets."it said the two discussed conditions for the expansion of the electric car market in china.there is widespread concern in europe about trump's approach to trade in general, while trump has signaled a tough stance on trade with china.






german finance chief rejects protectionism before us meeting


frankfurt, germany — germany's finance minister is denouncing trade protectionism ahead of a meeting with u.s. treasury secretary steven mnuchin and a summit where global finance officials are expected to tussle over how strongly to support free trade.wolfgang schaeuble said during a speech in frankfurt, germany, that "protectionism and nationalism are never the right answers."he said that countries were "more connected and dependent on each other that at any other point in history... we cannot turn back the clock and reverse globalization... but we can shape it."schaeuble's meeting with mnuchin comes after u.s. president donald trump's administration criticized germany's trade surplus. members of the group of 20 countries will debate whether to confirm their rejection of trade barriers wh






trump tweets thanks to merkel after g-20 summit, but their relationship remains


“i can't exactly judge how things will be tomorrow or the day after,” merkel said at a news conference after the summit finished saturday.trump's private meeting with russian president vladimir putin stole the show at the g-20. but it was merkel who was in the hot seat as she shepherded the 19 other leaders through tricky negotiations and brushed aside speculation that trump would upend the rest of the group's common ground on issues ranging from economic policy to development and trade.violent protests outside the summit increased pressure on merkel, who spent much of the closing news conference thanking the police and defending her decision to hold the summit in hamburg, which has a well-known anti-capitalist scene.merkel's relationship with trump buckled earlier this year when he compla






g20 fails to agree on free trade endorsement | germany news


finance ministers from 20 world powers have failed to reach an agreement to endorse free trade and rejection of protectionism in the face of us opposition, according to the communique of the g20 participants.the ministers and central bank chiefs of the g20 countries ended talks in the german town of baden baden on saturday, making only a token reference for the need to strengthen the contribution of trade to the economy."this is not a good outcome of the meeting," a g20 delegate quoted germany's central bank chief jens weidmann as saying. germany has a $65bn trade surplus with the us.breaking with the bloc's decade-old tradition of rejecting protectionism and endorsing open trade marks a win for us president donald trump and his anti-globalisation agenda.us treasury secretary steven mnuchi






meeting with merkel, mexican president calls for defense of democracy 'at a cruc


mexican president enrique peña nieto called for the defense of free trade, democracy and environmental protections during an appearance friday with german chancellor angela merkel.though neither peña nieto nor merkel mentioned president trump by name during their joint news conference in mexico city, his pugnacious relationship with both countries was the backdrop for much of what they had to say.peña nieto said merkel’s two-day state visit comes “at a crucial time for the world.”“it is extremely important to defend the values we share,” he said.those values include free trade, a principle at the core of mexico’s relationship with the united states, and one trump has threatened in an attempt to erase a trade gap of roughly $60 billion in mexico’s favor.they also include combating climate c






angela merkel starts fourth term facing big hurdles


berlin— angela merkel finally began her fourth and likely last term as chancellor on wednesday, a step that presents her with some of the toughest domestic and international challenges in her years in power.germany’s parliament formally elected ms. merkel after the longest and most-complicated coalition-building exercise in post-war history. as she heads a fractious government of political opposites whose popular support is waning, ms. merkel will have to fend off economic threats from the u.s., address neighbors’ demands for european union reform, and try to preserve political and social cohesion in a country tested by an unprecedented inflow of migrants.ms. merkel’s renewed grand coalition between her conservatives and the social democrats is beginning under the threat of a trade war. wi






trump ruffles feathers by calling germans “bad” — on trade


taormina, sicily (ap) — president donald trump has said germans are “bad” for having a large trade surplus with the united states, drawing attention to a contentious issue at a summit of world leaders where trade is already a sticking point.as the meeting of leaders from seven wealthy democracies gathered for difficult talks on trade and climate change, germany’s der spiegel reported that trump had told eu leaders the day before that the germans were “bad, very bad.”white house economic adviser gary cohn sought to clarify the situation friday, noting that the president “said they’re very bad on trade, but he doesn’t have a problem with germany.”trump, cohn added, had noted that “his dad is from germany” and said: “‘i don’t have a problem germany. i have a problem with german trade.”most re






trump lashes out at germany over nato spending and trade after merkel questions


president trump took aim at german trade practices and defense spending tuesday following pointed criticism from chancellor angela merkel that germany may not be able to rely on its allies."we have a massive trade deficit with germany, plus they pay far less than they should on nato & military. very bad for u.s. this will change," trump wrote in a tweet.last week, white house spokespeople had denied that trump criticized german trade practices after the german newspaper der spiegel quoted him as having done so. trump unsettled merkel and other allies during the recent nato summit when, during his remarks, he did not mention the central commitment members of the north atlantic treaty organization make to defend each other.trump's policy toward climate change is another point of contention w






trump pledges to ‘stop’ german car sales to us


president donald trump is ready to fight germany in an auto battle according to germany’s der spiegel.trump got a chilly reception at the nato summit in belgium after attacking fellow members. but he was caught pledging a battle with german automakers as part of his anger with “back dues” he feels the country owes to nato. as cnn’s jake tapper noted, “trump seems to think it’s like a country club.”in a discussion about the country’s trade surplus, trump said “the germans are evil, very evil.”“look at the millions of cars they sell in the us, and we’ll stop that,” sources told der spiegelaccording to the report, eu commissioner jean-claude juncker took up for germany explaining that “free trade is good for all.”according to a report from the “süddeutsche zeitung,” the eu allies were horrifi






merkel in argentina talks trump, trade and climate change


buenos aires, argentina — germany and argentina have agreed on fostering multilateral trade and protecting the environment from climate change, chancellor angela merkel said thursday during a visit to the south american country.merkel is visiting latin america through a series of trips ahead of july's g-20 summit in germany. the chancellor has criticized the u.s. protectionist stance and called president donald trump's decision to withdraw from the paris climate pact "extremely regrettable."in a press conference with president mauricio macri, merkel said both nations want to be part of an "interconnected world" and are committed to defending the paris accord."no one is alone in this world — no individual and no country — can solve all the problems alone," merkel said. "we must all work tog






trump pledges to ‘stop’ german car sales to us


president donald trump is ready to fight germany in an auto battle according to germany’s der spiegel.trump got a chilly reception at the nato summit in belgium after attacking fellow members. but he was caught pledging a battle with german automakers as part of his anger with “back dues” he feels the country owes to nato. as cnn’s jake tapper noted thursday, “trump seems to think it’s like a country club.”in a discussion about the country’s trade surplus, trump said. “the germans are evil, very evil.”“look at the millions of cars they sell in the us, and we’ll stop that,” sources told der spiegel.according to the report, eu commissioner jean-claude juncker took up for germany explaining that “free trade is good for all.”according to a report from the “süddeutsche zeitung,” the eu allies w






the latest: canada citing us own stats on trade surplus


washington — the latest on president donald trump's assessment of u.s.-canada trade (all times local):12:35 p.m.canada is weighing in after president donald trump is said to have insisted that the united states runs a trade deficit with canada.a spokesman for canada's foreign affairs minister says the two allies "have a balanced and mutually beneficial trading relationship." adam austin says an emailed statement that "according to their own statistics, the u.s. runs a trade surplus with canada."the office of the united states trade representative says the united states has a trade surplus with canada.___7:15 a.m.president donald trump freestyled with the facts when talking trade with canadian prime minister justin trudeau.the republican described the discussion during a fundraising speech






merkel in argentina talks trump, trade and climate change


buenos aires, argentina — germany and argentina have agreed on fostering multilateral trade and protecting the environment from climate change, chancellor angela merkel said thursday during a visit to the south american country.merkel is visiting latin america through a series of trips ahead of july's g-20 summit in germany. the chancellor has criticized the u.s. protectionist stance and called president donald trump's decision to withdraw from the paris climate pact "extremely regrettable."in a press conference with president mauricio macri, merkel said both nations want to be part of an "interconnected world" and are committed to defending the paris accord."no one alone in this world — no individual and no country — can solve all the problems alone," merkel said. "we must all work togeth






german businesses fear fallout from trump-merkel discord


a political war of words between berlin and washington is increasingly unsettling german executives who fear it could be bad for business.in remarks widely interpreted as critical of u.s. president donald trump, german chancellor angela merkel said in a speech on sunday that europe could no longer completely rely on old allies. mr. trump snapped back on tuesday, describing germany’s trade surplus with the u.s. in a tweet as “very...






germans cut off ross in mid-speech


germans are sticklers for keeping on schedule. and those rules apply to the u.s. cabinet, as well.while speaking via videoconference to a business conference of german chancellor angela merkel's christian democratic union tuesday evening, u.s. commerce secretary wilbur ross was cut off after 20 minutes. the reason given by werner bahlsen, head of the cdu economic council? "that was the u.s. secretary of commerce, who had promised us a 10-minute statement. as you saw, he spoke a bit slowly, so it took a bit longer."but it's hard to believe the content of ross's speech didn't play a role in the shutdown. he repeated the familiar trump critique about germany's trade surplus with the united states. he also blamed the world trade organization rules for favoring exporters over importers while ca






trump ruffles feathers by calling germans 'bad' — on trade


president donald trump has said germans are "bad" for having a large trade surplus with the united states, drawing attention to a contentious issue at a summit of world leaders where trade is already a sticking point.as the leaders of seven wealthy democracies gathered for difficult talks on trade and climate change, germany's der spiegel reported that trump had told eu leaders the day before that the germans were "bad, very bad."white house economic adviser gary cohn sought to clarify the situation friday, noting that the president "said they're very bad on trade, but he doesn't have a problem with germany."trump, cohn added, had noted that "his dad is from germany" and said: "'i don't have a problem with germany. i have a problem with german trade."the president of the european union's e






what triggered the infighting among syrian rebels? |


they have been focused on defeating their common enemy.for almost six years, opposition armed groups in syria have had two main objectives; seizing control of government territory and forcing president bashar al- ad to give up power.recently, rebel forces have suffered heavy losses.demoralised, weakened and forced from most areas they used to control - they've turned on each other.fighters from one of the main groups, jabhat fatah al-sham opened fire on two other powerful factions ahrar al-sham and the free syrian army.the infighting is seen as strengthening forces loyal to the syrian government.is it the beginning of the end for the opposition? and is the rivalry bringing president bashar al ad closer to victory?presenter: hashem ahelbarraguests: louay safi, syrian national council former