U.S. President Barack Obama defended the ongoing free trade deal talks with the European Union at a news conference with German Chancellor Angela Merkel. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: U.S. President Barack Obama said the European Union and United States must move forward with a free trade accord still under negotiation which supporters say could boost each economy by some $100 billion. "It is indisputable" that free trade has strengthened the U.S. economy and also has brought enormous benefits to countries that engage in it, Obama said. The U.S. president spoke at a news conference with German Chancellor Angela Merkel, one of his closest allies in dealing with a shaky global economy and security crises in the Middle East and Ukraine.