Germany: US-China Rare Earth Deal Resolves Another Issue

German Chancellor Friedrich Merz welcomed the agreement reached between the United States and China regarding rare earth elements and stated that it does not harm Europe.

Following his meeting with Danish Prime Minister Mette Frederiksen in Berlin, Merz held a joint press conference.

Commenting on the agreement between the US and China to ease export restrictions on rare earth elements, Merz said: “I welcome the agreement between the United States and China on rare earth elements. This is not to Europe’s detriment; on the contrary, it is another dispute that has been resolved.”

Merz also called for the resolution of trade disputes between the European Union (EU) and the United States, saying: “I hope we will similarly succeed in reducing and, where possible, eliminating the trade disputes between us and the Americans.”

He emphasized that open markets, free trade, and access to raw materials are the best solutions for everyone and that they aim to contribute to this, adding: “I hope we can soon reach an agreement with the United States on issues such as tariffs.”

Incidents in Los Angeles

In response to a question about the recent incidents in Los Angeles, Merz said he did not want to comment on domestic political events in the US from abroad.

Noting that the images from Los Angeles were disturbing, he added: “However, I hope a swift solution is found and these clashes end quickly.”

EU Sanctions Package Against Russia

Regarding the EU's 18th sanctions package being prepared against Russia, Merz expressed confidence that member states would reach an agreement. He noted that the Committee of Permanent Representatives in the EU would discuss the package for the first time next week.

Merz stated: “We may need to revisit this issue at the European Council. However, an agreement might also be reached as early as next week.”