German budget

Germany's auto makers want to abolish the 10% import tax on American cars and the US will stop the import tax on German cars. This is a win for the car makers and a loss for government since the tax is paid by the consumers and goes to the government. The German government wants to keep the 10% import tax on cars since all of that income goes to the government. It is because of import taxes that Germany has a balanced budget, along with the fact that the US pays for much of their national defense. Germany has a annual budget of $400 billion which includes a $45 billion surplus much of which comes from import taxes. The Germans import $50 billion from the US and export $120 billion to the US. Remove the trade imbalance and Germany would go from a surplus to a deficit.