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German Chancellor Angela Merkel badured that she "will do everything possible" to prevent the trade war with the United States of America and reiterates her commitment that Berlin will increase its defense spending by trying to Appease Washington's protests on two of the issues that cause friction in bilateral relations.
Merkel, addressing members of the federal lower house, Budapekt, stressed on Wednesday that "it is worth trying to eliminate this conflict so that it does not turn into a war total (commercial) (…) Germany is certainly attached to it, as the whole of the European Union. "
However, in a speech from the time of the event from the Ifo Economic Institute in Munich, European Commissioner Günther Etinger has anticipated: "a war will break out".
Additional EU tariffs on jeans, peanut butter, motorcycles and others the fact that the United States is they imposed additional duties of 25% on the United States. steel and 10% on imported aluminum, came into effect last month.
In her Wednesday speech to Buntage, Merkel reiterated her commitment that Germany's defense spending budget will increase to 1.5% of GDP by 2024. This figure is equivalent to the estimates of the United States. experts at around 60 billion euros.
Referring to the current defense budget of his country (38.9 billion euros), Merkel acknowledged that "Compared to what others spend"
Merkel's comment was that the president American Donald Trump had recently written a letter to NATO member states, including Germany, to point out that
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