The European Union want to avoid trade war premises

in #esteem6 years ago

The US has imposed rates of the product steel and aluminum of the European Union, Berlin - the European Union (EU) will make every effort to avoid the trade war with the United States (USA). It delivered German Chancellor Angela Merkel, Wednesday (4/7). In the occasion, Merkel underlines the commitment of the country to improve the spending defense gradually, another point conflict with the Washington. "Important to try to relieve this conflict so not turned into war real, but of course there are two sides for it," said Merkel to parliament Germany. He added, chief executive Commission the European Union, Jean-Claude Juncker will soon travel to the US. Government US President Donald Trump has imposed rates on import steel and aluminum EU. They also consider whether to add rates in the car, truck and car parts. This action of course, can be painful for Germany with the automotive industry main. According to Merkel, the function of the world economy good depending on the countries working together as partners. He also questioned the value of measure the surplus and deficit by trade goods only. If digital services inserted, he went on, the possibility of US will experience trade surplus with Europe. "It's almost ancient only count of goods and no counting the service," he said. The US Press Germany on what is considered to be spending defense insufficient ahead of summit (summit) NATO 11-15 July in Brussels, Belgium. In 2014, NATO allies agree to stop the budget cuts defense and began to spend more time their economic growth. As much as two percent of the gross domestic product (GDP) is used to defense in a decade. Spending Germany current total 1,24 per cent of GDP. Merkel said, though expenses increased However relative to what is done in the case of gross domestic product they that away from enough. "That is why we are committed to spend 1,5 percent of the gross domestic product for this in 2025," he said. Moreover, Germany is trusted partner in NATO. "We are a provider of forces the second largest, we participate in a lot of mission, and Germany will remain to be trusted partner in NATO," said Merkel.

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