Describe The Relationship Between Us And Germany

U.S. and Germany Trade Germany is part of the European Union. “Germany is the United States' largest European trading partner and the sixth largest market for U.S. exports”(export.gov, 2015). The United States and Germany began as allies and trade parters as far back as 1797. They went back and forth as trade partners due to World War II and the Great Depression. In 1974 the U.S. began relations with East Germany and finally in 1990’s East and West Germany were unified. “ Germany and the United States hold regular Informal Commercial Exchange (ICE) Talks to informally address economic issues on a bilateral basis”( Bureau of Public Affairs, 2014). Some of Germany most important exports to the United States are vehicles and vehicle parts,

“Tariff barriers are duties imposed on goods which effectively create an obstacle to trade, although this is not necessarily the purpose of putting tariffs in place” (wiseGEEK, 2015). Tariffs can make it very difficult for the importers because they must import less due to not being able to afford the tariffs. Germany’s few tariffs are on bananas, certain pharmaceuticals, rice, and uranium. There were also technology agreements on computer monitors, printers, and certain cable or satellite setups that finally ended in 2011. Some imported goods to Germany would be jewelry, books, footwear, lawn equipment, mining equipment, plastic, oil, gas, and so on. We also trade services with Germany like, accounting, direct market advertising, franchising, travel, and telecommunications. The medical trade areas are biotechnology, medication, equipment, and veterinary equipment. There is also, government, construction, textiles, and more. All kinds of website provide plenty of business information between Germany and the U.S. These websites also provide charts for different products, prices, quotas, for each year’s profits and loss. For example:

United States Balance of