US Beats China As Germany’s Biggest Trading Partner; Berlin Cuts Reliance On Beijing Amid Geopolitical Tensions

According to preliminary data from Germany’s statistics office, the United States surpassed China to become Germany’s largest trading partner in the first half of 2024. This marks a notable realignment as Berlin continues its efforts to reduce reliance on Beijing amidst ongoing geopolitical tensions and economic fluctuations. From January to June 2024, trade between Germany … Continue reading US Beats China As Germany’s Biggest Trading Partner; Berlin Cuts Reliance On Beijing Amid Geopolitical Tensions