Germany maintains large surplus with U.S. despite trade friction

By Rene Wagner BERLIN, Aug 10 : Germany’s exports to the United States in the first half of this year were worth 24.4 billion euros ($28.3 billion) more than its imports of U.S. goods, data from the Federal Statistics Office showed on Friday. The trade surplus was 100 million euros less than last year, but […]

China, Germany defend business with Iran in face of US threats

By Ben Blanchard and Michelle Martin BEIJING/BERLIN, Aug 8 : China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic would be barred from the United States. The comments from Beijing and Berlin signalled growing anger from partners […]

German industrial output disappoints, but GDP still expected to grow

By Michael Nienaber BERLIN, Aug 7 : German industrial output fell more than expected in June after jumping the previous month, data showed on Tuesday, suggesting that Europe’s largest economy ended the second quarter weaker as exports remained flat. But for the quarter as a whole, industrial output rose by 0.4 percent, the economy ministry […]

At NATO, abrasive Trump lashes Germany for being Russian “captive”

By Jeff Mason and Sabine Siebold BRUSSELS, July 11 : US President Donald Trump accused Germany of being a “captive” of Russia on Wednesday as Western leaders gathered in Brussels for a NATO summit where Trump wants Europeans to pay up more for their own defence. In a startling public outburst against the NATO heavweight, […]