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Germany still boasts US trade surplus despite industry slump

Summary by Deutsche Welle
Out of all EU countries, Germany has the biggest trade surplus with the US — despite the European economic powerhouse struggling with flagging production. Berlin hopes to negotiate with Donald Trump to avoid tariffs.

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Germany recorded a record trade surplus of 71.4 billion euros with the US last year, according to statistical data published on Friday, which risks fueling tensions with Donald Trump, who is threatening the European Union with the introduction of...

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Germany recorded a record trade surplus with the United States last year, which could increase tensions between the country and the United States, which under new President Donald Trump has threatened the EU with additional tariffs. The surplus amounted to 71.4 billion euros, according to the German Statistical Office, and more than 10 percent of all German exports ended in the United States.

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Business Times broke the news in on Friday, February 7, 2025.
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