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Scholz promotes US investments in Germany

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Scholz promotes US investments in Germany

“The optimism that German companies are showing in the US reflects not only confidence in the stability but also in the enormous growth potential of this transatlantic market,” DIHK foreign trade expert Melanie Vogelbach told Reuters. “Not only the companies already based there benefit from the positive development of the US economy, but also German exporters.” While German exports fell overall last year and collapsed in individual important sales markets, trade with the USA has declined increased by around one percent. The partnership must be strengthened and obstacles reduced. “The Trade and Technology Council (TTC) between the USA and the EU is an important dialogue forum for this,” she said.

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