Make Kitco Your Homepage

In trade dispute, Germany says trade balance only part of current account surplus

Kitco News

BERLIN (Reuters) - The trade balance is only part of the current account surplus, a spokesman for the German government said on Wednesday, amid repeated complaints from U.S. President Donald Trump that the United States has large trade deficits with many countries.

Chancellor Angela Merkel said on Tuesday that the United States runs a large account surplus with Europe if services are included in the total.

Reporting by Michelle Martin, editing by Thomas Escritt

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News

Rhodium Dragon Coin