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Outrage on the streets over trade ahead of Obama visit to Hanover

Saturday, April 23, 2016 - 01:39

Thousands of Germans are protesting against a free trade deal being negotiated between the U.S. and the European Union ahead of President Barack Obama's visit to Hanover. Nathan Frandino reports.

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Thousands pack the streets of Hanover to protest an impending trade deal between the U.S. and the E.U. The German city is due to host U.S. President Barack Obama on Sunday and Monday. And he's expected to push the Trans-Atlantic Trade and Investment Partnership, a deal that many here oppose. (SOUNDBITE) (German) GREENS PARTY CO-CHAIRWOMAN, SIMONE PETER, SAYING: "We are here to make it clear that we have concerns - and that is true not only of the German and European population, when we look at the millions of people who have signed petitions: Americans are worried too." Obama and his German counterpart Angela Merkel agree the deal would fuel growth on both sides of the Atlantic. During a town hall in London Saturday, Obama said each country has its own barriers that are preventing job creation and billions of dollars in benefits. (SOUNDBITE) (English) PRESIDENT BARACK OBAMA SAYING: "Getting trade deals done is tough because each country has its own parochial interests and factions and in order to get a trade deal done, each country has to give something up, so it's a time-consuming process." Back in Hanover, protesters remain concerned that the deal favors big industry and will lower consumer protection. (SOUNDBITE) (German) ACTIVIST HANNI GRAMANN FROM 'ALTER-GLOBALIZATION' ORGANISATION ATTAC, SAYING: "These are not just fears - it is fact that companies will get special legal rights, that regulatory deals will be made and that the precautionary principle will be done away with. Those are the facts." Facts that are likely to keep protesters here throughout Obama's visit.

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Outrage on the streets over trade ahead of Obama visit to Hanover

Saturday, April 23, 2016 - 01:39