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President Obama meets with German Chancellor Angela Merkel on the sidelines of the G-20 summit Thursday in Seoul. She rejected a U.S. proposal to try to cap global trade imbalances. "To set political limits on trade surpluses and deficits is neither economically justified nor politically appropriate," she told the G-20 business summit. (Associated Press)

President Obama meets with German Chancellor Angela Merkel on the sidelines of the G-20 summit Thursday in Seoul. She rejected a U.S. proposal to try to cap global trade imbalances. "To set political limits on trade surpluses and deficits is neither economically justified nor politically appropriate," she told the G-20 business summit. (Associated Press)

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