China surpasses US as Germany’s biggest trading partner
From January to August, German trade with China reached €163.4 billion ($190.7 billion), slightly surpassing the €162.8 billion recorded in trade with the US. The shift comes amid significant US tariffs on European goods under the Trump administration, with most products facing a 15% levy and automobiles taxed at 25%.
German exports to the US fell to €99.6 billion in the same period, down 7.4% from the previous year, reflecting weaker demand for German automobiles, machinery, and chemicals. Although imports of US goods into Germany increased by roughly 9% over January to July, the country traditionally exports more to the US than it imports, making the decline in exports a significant factor in overall trade figures.
Wang Yiwei, director of the Center for European Union Studies at Renmin University of China, noted that US tariffs have disrupted global trade and affected American commerce with multiple countries, while emphasizing the mutual benefits of globalization and bilateral cooperation.
Carsten Brzeski, global head of macro at ING, told Reuters that a near-term rebound in German exports to the US appears “unlikely,” suggesting that trade flows may continue favoring China for the time being.
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