EU trade surplus with US grows in April despite tariffs
- In April 2025, the European Union increased its surplus in merchandise trade with the US despite tariffs imposed by the United States on EU products.
- This came after the U.S. introduced 25% tariffs beginning March 11 targeting steel and aluminum, followed by additional levies on vehicles and automotive parts in April and May.
- Exports from the EU to the United States continued to grow for the fourth month running, driven by stronger sales in food, beverage, and chemical sectors, while shipments of machinery and vehicles fell by 4.3%.
- EU exports to the US surged 59.5% in March, indicating stockpiling ahead of tariffs, and Washington doubled metal tariffs to 50% on June 4 before reducing reciprocal tariffs to 10%.
- Trade negotiations continue daily to resolve complex tariff and trade deficit issues, with the EU seeking balanced agreements and focusing on car and steel tariffs and the pharmaceutical sector.
15 Articles
15 Articles
According to the original report, the surplus of the European Union in the exchange of goods with the United States expanded during April.This occurs even after the implementation of various tariffs by the United States.Despite this growth, the total surplus of the EU in the trade of goods decreased compared to April of the previous year, going from 12.7 billion euros to only 7.4 billion euros in April of 2024.Impact of tariffs on tradeOver the …
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