U.S. President Donald Trump said he expected the United States to do ''fantastically well'' in trade with Germany. German Chancellor Angela Merkel said she hopes for a trade agreeement between the U.S. and EU. Fred Katayama reports.
U.S. President Donald Trump met with German Chancellor Angela Merkel for the first time since he assumed the office. He said he expected the United States to do "fantastically well" in trade with Germany. (SOUNDBITE) DONALD TRUMP, PRESIDENT OF THE UNITED STATES, (ENGLISH) SAYING: "We just concluded a productive meeting with the German and American companies to discuss workforce development and vocational training." Merkel said she hoped the United States and the European Union could resume discussions on a trade agreement. (SOUNDBITE) ANGELA MERKEL, CHANCELLOR OF GERMANY, (ENGLISH TRANSLATION) SAYING: "We held a conversation where we were trying to address also those areas where we disagree, but we tried to bring people together, tried to show what is our vantage point, what is the American vantage point and then we tried to find a compromise that is good for both sides." Ken Kamen of Mercadien Asset Management. (SOUNDBITE) KEN KAMEN, PRESIDENT MERCADIEN ASSET MANAGEMENT, (ENGLISH) SAYING: "For Chancellor Merkel, it's very important that trade continues uninterrupted and un-tarrified. The President is still rattling sabers about the tariffs wars, so it's logical that they are gonna talk about those times and the CEOs form the companies that are at the White House are gonna highlight how many jobs are creating in the United States. I think it's too premature to expect any of substance to come out this becasue, in some respects, it's still a first date." The meeting between the leader of Europe's largest economy and the U.S. President was billed as one that could help determine the future of the transatlantic alliance and shape their working relationship.