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U.S. Passes China as Germany’s Single Biggest Trading Partner
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The U.S. has surpassed China as Germany's largest trading partner for the first time since 2015, with trade figures reaching $264.3 billion in 2023, a slight increase from the previous year. Meanwhile, trade with China dropped by 3.1% to 246.3 billion euros, marking a significant shift from China's position as the top partner from 2016 to 2023. Germany, as Europe's largest economy, has seen this notable change in its trade dynamics.
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