German companies invested just 4.3 billion euros in the United States in the first half of 2026, the lowest level since 2023, down nearly 80% from the first half of 2024. This contraction signals a structural shift in German corporate investment strategy that began when Donald Trump returned to the White House in January 2025. Nearly 30% of projects have been postponed, reflecting a wait-and-see attitude rather than a definitive exit. Capital is increasingly flowing toward Asia, particularly China, as companies diversify their economic partnerships. Europe’s 2025 agreement, including a 600 billion dollar investment commitment, confirms the continent’s intent to reduce dependence on the American trading partner.
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