Trade relationships between Germany and the USA: an indispensable alliance

A crucial moment for the German economy! The trade relationships between Germany and the USA are more stable than ever - thanks to Joe Biden's presidency, which raises the transatlantic partnerships to a new level. BGA President Dr. During Bidens Berlin visit, Dirk Jandura underlines the immense importance of these connections: "Our deep trade relationships are indispensable for Germany!"

The impressive figures confirm Jandura's words: In 2023, Germany exported in an incredible value of 157.9 billion euros to the United States. This is not just a number - it's a sign of strength! This trade dynamics create jobs and prosperity on both sides of the Atlantic. But the challenges are great. "As a reliable partner, we need the United States more than ever in these eventful times," demands Jandura.

challenges and hopes

The collaboration is not only of economic importance, but also shaped by deep, common values. "A good trading partnership lives from communication and understanding," said the BGA president. In times of crisis, it is essential that both countries stand together and develop solutions together. But there are also dark sides: the hopes for a new free trade agreement seem to be limited, so the EU Commercial and TtC Technology Council urgently has to become more active in order to further intensify bilateral trade relationships.

In addition, the invoice is becoming increasingly complex! The United States is not only the most important trading partner in terms of exports, but also when it comes to imports. Currently, 6.9% of all imports to Germany come from the United States. A clear sign of the growing dependency and the strategic importance of the United States for the German economy. Who would have thought that the relationships would be anchored so deeply?

an outlook on the future

"We should try to understand the perspectives of the other side to avoid serious misunderstandings," concludes Jandura with an urgent message. The message is clear: only through close cooperation and open dialogue can both nations be successful in an insecure world. The coming months could be decisive for how these strong trade relationships develop. The eyes are aimed at November 6th - a date that could decide on the future of transatlantic partnerships. The economy looks excited!