Updated
Updated · Reuters · Apr 17
EU Trade Surplus Plunges as US Tariffs Hit Exports
Updated
Updated · Reuters · Apr 17

EU Trade Surplus Plunges as US Tariffs Hit Exports

23 articles · Updated · Reuters · Apr 17
  • The EU's trade surplus narrowed sharply in February, falling by 60% as exports to the US dropped significantly due to ongoing tariffs.
  • Eurostat reported a 26.4% decline in EU exports to the US and a 6.7% overall decrease in Eurozone exports year-on-year.
  • The drop follows last year's front-loaded shipments ahead of US tariffs and recent changes in US import levy policies, affecting transatlantic trade flows.
After one set of U.S. tariffs was struck down, is a transatlantic trade war now inevitable with new levies?
Are the EU's new 'safeguard' clauses strong enough to protect its trade deal with the United States?
With the Strait of Hormuz closed, how long can Europe's energy supplies last before a major economic downturn?
While Europe's industry struggles, is China becoming the ultimate winner in this global trade chaos?
Can Europe's new industrial plan save its factories from soaring energy costs and global trade disputes?
Beyond oil, which critical industries will halt due to the Hormuz strait supply chain collapse?