Trade Truths for Trumpians and Brexiteers
Recent data indicate that Germany's largest trading partner is now China, rather than France. This news should serve as a reality check for protectionist policymakers in the UK and the US, and for the many pundits who frequently comment on world trade without understanding its realities.
https://prosyn.org/NR2xObb
LONDON – Here’s a reality check for British and American policymakers, and for the many pundits who frequently comment on world trade without understanding its realities: data on Germany’s total exports and imports in 2016 indicate that its largest trading partner is now China. France and the United States have been pushed into second and third place.