German of the day: Handelsüberschuss

February 8, 2025 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hypocrisy Tags: Donald Trump, EU, German, Germany, Language, Tariffs, Trade, Trade Surplus, USA Leave a comment

That means trade surplus.

As Trump threatens EU with tariffs, Germany announces trade surplus worth $74.1 billion with U.S. – Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs.

The United States also returned as the top trading partner for Europe’s biggest economy last year, it showed, overtaking China which had been in the number one spot since 2016…

Germany accounts for a hefty chunk of the European Union’s large trade surplus with the United States, which has been a source of anger for Trump.

It’s Good To Be The Queen

August 7, 2018 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Home Cooking, Hurt Feelings, Hypocrisy Tags: Angela Merkel, EU, Free Trade, German, Germans, Germany, Trade, Trade Surplus Leave a comment

Of extracting wealth from the rest of the European Union.

While few European states can pretend to share Germany’s distinction of being a “country of poets and thinkers,” none can rival German abilities to extract so much wealth from the rest of the European Union.

Last year, Germany posted a 159.3 billion euro surplus on its goods trade with other countries in the EU — one of the world’s largest free-trade areas and a region with privileged access to German goods and services.

That’s the way it’s been since 1958, when Europe’s common market opened up.

Statistisches Bundesamt: Deutsche Exporte im Juni 2018 um 7,8% höher als im Vorjahr.

But Nobody Said We Couldn’t Do It Until Now

April 6, 2018 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Higher Education, Home Cooking, Hurt Feelings, Hypocrisy Tags: China, Exports, Germany, Imports, Merkel, Surplus, Trade, Trade Surplus, Trump, USA Leave a comment

Trump is right about trade and Merkel needs to do something about it, former German state secretary says.

In early March, Trump started by implementing tariffs on aluminum and steel imports — measures that did not represent a big impact for China, but did for countries like Japan and potentially Europe too.

Germany has also faced international criticism for its trade surplus, which means its exports outweigh its imports, as some see it as unfair, imbalanced and a cause for protectionism elsewhere.

“Germany is really out there as the main culprit, so to say, because Germany has the highest surplus, much higher than China in terms of GDP… Germany has to do something against it, that’s absolutely clear,”

Germans Oddly Quiet About Protests In Iran

January 3, 2018 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Home Cooking, Hypocrisy Tags: German, Germans, Germany, Iran, Politics, Profit, Protests, Trade, Trade Surplus 2 Comments

I wonder why?

I know, let’s ask the Tasnim News Agency: The head of the German-Iranian Chamber of Commerce said Germany sold 2.358 billion euros ($2.846 billion) worth of goods to Iran, and imported just $328 million worth of goods from Iran in nine months from January through October 2017.

“Germany’s trade surplus with Iran is massive. But that’s nothing new. The Iranians complain about it from time to time, and we try to find ways to encourage more Iranian exports into Europe and Germany, but we’ve been running big trade surpluses with Iran for forty years.”

German Of The Day: Exportüberschuss

April 20, 2017 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Home Cooking, Hurt Feelings, Hypocrisy Tags: Donald Trump, Export, German, Germans, Germany, IMF, Trade, Trade Surplus 2 Comments

That means export or trade surplus. In this case the German trade surplus, of course.

Also see: Böse Buben. That means bad boys.

Christine Lagarde (IMF) and Donald Trump may not have much in common at first glance but one thing they seem to agree upon is Germany’s trade surplus. That is, Germany exports more to, say, the USA than it imports from that country (same procedure with practically every other country Germany deals with, too). And it’s been like forever already.

So Germany, just in case you didn’t know it, you’re being a very bad boy.

Deutschland wird zum bösen Buben des Welthandels.

Germany To Be Punished For Europe Not Having Enough Germanys

November 13, 2013 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Home Cooking, Hurt Feelings, Hypocrisy, Hysteria Tags: Account Surplus, Berlin, Brussels, EU, Eurozone, Exports, German, Germans, Germany, Humor, Satire, Trade, Trade Surplus Leave a comment

The EU now too is concerned that Germany’s current account surplus “is harming the wider European economy” and is openly considering punishing the naughty economic powerhouse.

Germany is relying too much on exports, eurozone officials are grumbling, while not doing enough to create demand at home. And although these officials maintain that “our problem will never be German competitiveness, but whether Germany, Europe’s economic powerhouse, could do more to rebalance Europe’s economy,” their problem has always been German competitiveness and knowing that Germany, Europe’s economic powerhouse, cannot do more to rebalance Europe’s economy.

“Europe needs more Germanys,” in other words, and it’s up to Germany to now, uh, create them.

Deutschland kann dem Rest Europas nicht Regeln vorschreiben und sich selbst nicht daran halten.

PS: “It’s GOOD to be the export king.”

Observing Hermann

“Was interessiert mich mein Geschwätz von gestern?”

Tag Archives: Trade Surplus