Trade surplus at record high....for Germany

Germany's trade surplus hit an all time high last year as the country continued to export significantly more than it imported.
According to the figures, German exports climbed 1.2% to 1.2 trillion euros in 2016, while imports rose 0.6% to 954.6bn euros.
This left a surplus of 252.9bn euros, up from 244.3bn euros in 2015.
It comes days after Donald Trump's top trade advisor accused Germany of exploiting the euro to boost exports.
In an interview with the Financial Times last week, Peter Navarro alleged the euro was a German currency in disguise, and this gave Germany an unfair advantage over the US and other nations