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Germany on Friday welcomed President Joe Biden's apparent willingness to discuss tweaking U.S. legislation that European leaders say unfairly discriminates against their industries. Biden ...
Relations between the European Union and the United States began in 1953, when US diplomats visited the European Coal and Steel Community (the EU precursor, created in 1951) in addition to the national governments of its six founding countries (Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany, present-day Germany). [1]
The United States investment in the European Union is three times greater than US investment in the entire continent of Asia and EU investment in the United States is eight times that of European Union investment in India and China combined. Intra-company transfers are estimated to constitute a third of all transatlantic trade.
The US is Germany's principal trading partner outside the EU and Germany is the US's most important trading partner in Europe. In terms of the total volume of U.S. bilateral trade (imports and exports), Germany remains in fourth place, behind Canada, China and Mexico.
The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House are creating new risks for the European Union's biggest economy, already in a ...
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering ...
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
Germany's governing coalition reached a deal Wednesday to resolve a budget crisis triggered by a court ruling last month, agreeing to cut some subsidies and spending while stressing that Berlin ...