China Overtakes US as Germany's Top Trade Partner Again

WooGlobe

China has just reclaimed its position as Germany’s top trading partner, overtaking the United States — but the story goes far beyond numbers. As Donald Trump’s tariffs hit German exports hard, trade with the US shrank, while economic ties with China grew stronger… despite rising tensions. Germany finds itself caught between a growing trade deficit with China and a dependence it can't seem to break. Is this the start of a new global trade era? WooGlobe Ref : WGA835151 For licensing and to use this video, please email licensing@wooglobe.com

Transcript

00:00China just snatched back the crown as Germany's top trading partner, and the reason why might surprise you.

00:06After briefly being pushed aside by the United States in 2024, China has now reclaimed the top, spot in Germany's trade charts.

00:14Between January and September, trade between Germany and China hit nearly 186 billion euros.

00:21Meanwhile, trade with the U.S. dropped by almost 4%, falling just below that mark.

00:26Why the shift?

00:27It all comes down to tariffs.

00:29Since Donald Trump's return to office, U.S. tariffs on EU exports have jumped to 15%.

00:35That's taken a toll on German exports to the U.S., from cars to pharmaceuticals.

00:40Even though China is back on top, it's no longer seen as a trusted trade partner.

00:45It's now seen as a fierce competitor.

00:47Germany relies on China for rare earths, semiconductors, and industrial goods.

00:52But that.

00:53Dependence is getting harder to justify.

00:56Germany runs a trade surplus with the U.S.

00:58But with China, it's a deficit.

01:00And yet, the economic ties are hard to break.

01:03As Germany's economy struggles to grow after years of recession, one thing is clear.

01:08Old alliances are shifting.

01:10And global trade is entering a whole new era.

01:12There are in أ

01:35there are firefighters.

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