Economics

Germany Sees 50% Chance for EU-U.S. Trade Deal, Possibly in 2019

Peter Altmaier, Germany's economy minister, gestures while speaking at the Federation of German Industries (BDI) conference in Berlin, Germany, on Tuesday, June 4, 2019. German Chancellor Angela Merkel blasted the European Union's merger rules for failing to take into account growing Chinese dominance and hampering efforts to compete on the global stage.Photographer: Krisztian Bocsi/Bloomberg

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By Birgit Jennen

July 11, 2019 at 2:43 PM EDT

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German Economy Minister Peter Altmaier sees a 50% chance of the European Union striking a trade agreement on industrial goods with the U.S., possibly this year.

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