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Merkel: Brexit Means Europe Not Blameless in Global Trade Gloom

Reuters

   BERLIN - Europe is not blameless in the trade tensions casting a pall
   over the global economy, German Chancellor Angela Merkel said,
   mentioning the lengthening Brexit negotiations as a source of
   uncertainty to stand beside the United States-China trade war.

   Speaking after a meeting with leaders of multilateral financial
   institutions on Tuesday, Merkel declined to lay the blame for the
   slowing global economy solely on U.S. President Donald Trump's
   hard-line stance on trade with China.

   "We have nothing to be smug about," she said. "We've been negotiating
   an orderly British exit for three years. And that brings us great
   uncertainty when you consider that that exit should happen on October
   31. And people still don't know how supply chains will look."

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