Immediately after returning to the White House, Donald Trump threatened to impose tariffs on products coming from the European Union, a top economic partner of Washington. Here are some trade figures for the two sides, with the Europeans running a trade surplus in goods exports and the Americans benefiting in services. In 2023, the goods exports of all EU countries together to the US reached 503.8 billion. dollars and their imports 347.1 billion, according to Eurostat data. There is a trade surplus of approximately 157 billion. euro in favor of the “27”. According to the US Department of Commerce, the surplus amounts to 201.6 billion. dollars or 193.5 billion euros for 2024, (statistics for the month of December are not included). In total, the “27” sell more products to the US than they import, in all sectors except raw materials and hydrocarbons. Surpassing Britain and the […]
Source: News Beast
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