German direct investment in the U.S. fell nearly two-thirds y/y to €4.3 billion in H1 2026, the lowest since 2023, as Trump’s trade policies raised uncertainty. The slowdown signals weaker new capital commitments, while continued reinvestment suggests U.S. demand remains resilient. Traders should watch EUR/USD and U.S.-EU trade developments.
German Firms Cut U.S. Investment to Three-Year Low
