Sunday, April 24, 2016

Obama



U.S. President Barack Obama said Sunday the United States and the European Union must move forward on a landmark free-trade agreement, despite widespread opposition to the accord.
"It is indisputable" the United States has benefited from free trade, as have other countries that engage in it, Obama said while holding a joint news conference with German Chancellor Angela Merkel in Hannover, Germany.
Obama said the U.S. and Germany are among each other's largest trade partners.
Free-trade pact
The two hope to build support for the Transatlantic Trade and Investment Partnership, the free trade pact being negotiated by the United States and European Union.
Germany's government has pushed the T-TIP deal, saying it would boost the global economy and give small and midsized companies a better chance at competing on the world market, while reducing bureaucracy.
German Chancellor Angela Merkel, right, greets U.S. President Barack Obama at the stately Schloss Herrenhausen, once the summer residence of the Royal House of Hannover, April 24, 2016German Chancellor Angela Merkel, right, greets U.S. President Barack Obama at the stately Schloss Herrenhausen, once the summer residence of the Royal House of Hannover, April 24, 2016.