Friday

23rd Aug 2019

Ticker

EU selling more goods to US despite Trump tariffs

The EU's goods trade surplus with the US for the first five months of 2019 rose to €62.1bn from €55.4bn in the same period last year. The increase could stoke tensions after the US already imposed tariffs on some EU exports to get the numbers down. At the same time, Europe's trade deficit with China grew to €76.7bn from €69.2bn, amid complaints China unfairly restricts market access for foreign firms.

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