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Germany Logs Record US Surplus Amid Trump Tariff Fears

14 0
09.02.2025

Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs.

The United States also returned as the top trading partner for Europe's biggest economy in 2024, overtaking China which had been in the number one spot since 2016.

Germany's surplus with the world's top economy came in at 71.4 billion euros ($74.1 billion), according to the figures from statistics agency Destatis, with the United States the destination for over 10 percent of all German exports.

Germany has the largest trade surplus with the United States of any European Union member state, according to the bloc's most recent data, with the EU's overall surplus angering Trump.

The US president has threatened to hit the EU with tariffs soon, saying the bloc has treated Washington "very badly".

Trump hit China with 10-percent tariffs........

© International Business Times