Germany’s trade surplus record broke with the US
reports Mehr News Agency Data showed that Germany registered a trade surplus with the United States last year, which at the same time as Trump’s line of tariffs against the European Union could exacerbate tensions with him.
According to the latest EU data, Germany has the highest trade surplus with the United States among the EU member states, and the European Union’s trade surplus has angered Trump.
The US became the top business partner in Europe’s largest economy in year 2 and surpassed China, which ranked first in year 2.
According to the statistics of the German Federal Bureau, the German trade surplus with the world’s first economy reached $ 1.2 billion. America is a destination of more than 5 % of Germany’s total exports.
The US President has threatened to apply customs tariffs to the European Union soon, saying that the union did not treat Washington well.
Trump in the past week, with a 2 % tariff, and after the latest talks with its neighbors in North America, it delayed tariffs on Canada and Mexico for a month. .
