Germany’s Federal Statistical Office released figures on Friday showing that China is back on top as the country’s most important market with €251bn (£219bn) in trade in 2025, up 2.2% on 2024 when the US was the country’s leading export destination.
Germany’s Federal Statistical Office released figures on Friday showing that China is back on top as the country’s most important market with €251bn (£219bn) in trade in 2025, up 2.2% on 2024 when the US was the country’s leading export destination.
I said it a year ago. New trade deals take 1-2 years to take effect, and as Donald’s presidency rolls on, we’re going to see the massive downhill consequences of his unilateral tariff bullshit. The supply chain is eventually going to route itself around, rather than through, the United States.
Not that he’ll care. He’ll have squeezed every last penny out of the grift before the consequences are passed on to the American people, just as Bush did with Iraq and the ‘Great Recession’ and Obama did with the bailouts and the foreclosure crisis.