Posted on May 10, 2024
The U.S. is now Germany’s biggest trading partner — taking over from China
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LTC Eugene Chu China has been Germany’s biggest trading partner for years, but the gap between China and the U.S. narrowed in recent years. The U.S. has also long been a bigger market for German exports than China, Holger Schmieding, chief economist at Berenberg Bank, told CNBC.
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