Economics
China’s Trade Deal With U.S. Leaves Germany Squeezed in Middle
- Merkel seeks to recruit China to her global trade agenda
- Trump’s disruption creates another uncomfortable alliance
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Chancellor Angela Merkel heads to China with another U.S.-prompted headache threatening to hurt German interests.
China’s pledge to buy more American goods as part of a deal to avert a trade war with the U.S. puts Germany on the spot. As China’s biggest European trading partner, with a total volume of some $179 billion last year, Germany is first in line to suffer the impact of any reduction in business.