Europe’s economic powerhouse Germany is , while the . One important aspect of economic policies proposed by U.S. President Donald Trump is to remedy the American imbalance by reinvesting in and protecting American manufacturing.
Indeed, the U.S. is Germany’s most important trading partner. Germany exported goods and services worth some , of which the biggest single item was automobiles with a combined worth of $ 36 billion. It’s not hard to imagine that Germany would be hit hard by any trade barriers set up by the new U.S. administration.
Trade Balance Sheets
Germany’s Surplus & America's Deficit
Description
This chart shows trade balances of Germany and the Unites States 2016 (in $ billions)
