BUENOS AIRES, June 8 (Reuters) - The European Union must make compromises if it wants to reach a trade accord with South American trade bloc Mercosur, German Chancellor Angela Merkel told a news conference on Thursday after a meeting with Argentine President Mauricio Macri.
Merkel said German agriculture had its own interests, but Germany supported Argentina’s push to reach a trade deal with the EU quickly.
Macri told reporters that Mercosur was committed to the deal regardless of political turmoil in Brazil, and said he thought protectionism in Europe was a bigger hurdle to be overcome.
Asked about U.S. President Donald Trump’s push for a more isolationist policy, Merkel said such an approach could bring short-term gains, but Argentina’s example showed that it was not fruitful in the longer term. (Reporting by Andreas Rinke; Writing by Andrea Shalal; Editing by Andrew Roche)