Trump isn’t the first to criticize Germany’s trade surplus.
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President Donald Trump keeps criticizing Germany's trade surplus with the United States. Germans say their products are just better and people want to buy them. One thing isn't in dispute: German companies sold 107 billion euros ($120 billion) worth of goods to U.S. customers last year. Going the other way, U.S. companies sold 58 billion euros ($65 billion) worth of stuff to Germany. Q: Why does Germany sell so many goods in the United States?A: Germans, including Chancellor Angela Merkel, are quick to say that German companies just make better products. Q: So trade is all one way – advantage Germany?Germany is the sixth-largest export market for the U.S.Also, German companies often invest, hire and sell in the United States rather than exporting there. A: Germany doesn't have a currency it can manipulate since it belongs to the 19-member euro currency union. Germany does, however, benefit from a recently weaker euro. Q: Is Trump alone in criticizing Germany's trade surplus?
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