#us-germany-trade

#us-germany-trade

The first year of Donald Trump's second term has been anything but calm amid a flurry of executive orders by the US president targeting alleged "opponents" at home and abroad, and negatively affecting transatlantic trade and business. Trump's so-calledLiberation Day announcement of "reciprocal tariffs" last April shocked governments and companies alike across the world, as did his crackdown on corporate diversity, equality and inclusion (DEI) initiatives.

The US is by far the largest market worldwide for German products, accounting for about 10.4% of the country's total exports in 2024.