Trade Policy

The German and US economies are closely interlinked. The United States is Germany’s biggest export market; Germany in turn is the sixth biggest buyer of US products. Roughly one third of transatlantic trade is intracompany trade, i.e. trade of components and products between the subsidiaries of one company. Furthermore, trade is not only about the exchange between two countries – supply chains are global and even simple products contain components that have been produced in multiple countries. Further reducing unnecessary trade and investment barriers, establishing predictable trade rules and efficient customs procedures and maintaining close cooperation in a rules-bases global trade system are thus of key importance and are a core component of transatlantic cooperation.






Freya Lemcke
Vice President