EU trade with US hits record high despite tariff tensions, study shows
The German Economic Institute said tariff pressure is hurting auto exports and manufacturing even as services trade and the EU surplus hit records.
- On Friday, the German Economic Institute reported that trade of goods between the European Union and the United States reached a record €875 billion last year despite mounting tariff tensions.
- German Economic Institute economist Samina Sultan warned the headline figures are misleading, as tariff tensions mask serious damage in key economic sectors.
- European Union car and parts exports to the United States fell 20.4% in 2025, with Germany posting an 18.9% drop; Ireland bucked the trend with a 52.7% surge driven by tariff-exempt pharmaceuticals.
- Transatlantic services trade hit a record €865 billion, though the European Union ran a €178 billion deficit in that category, with intellectual property fees accounting for more than 40% of service imports.
- European Union exports to the United States rose 7.7% to €580 billion, while United States imports into the European Union climbed 2.2% to €295 billion, pushing the trade surplus to nearly €285 billion.
16 Articles
16 Articles
Record EU–US Trade Masks Export Declines Across Most of Europe, Report Says
EU trade with the United States reached record levels in 2025 despite tariff tensions, but the headline figures masked falling exports across most member states and major industries, according to a July 3 report by the German Economic Institute. The German Economic Institute (IW) said that the year 2025 was marked by the “introduction of unprecedented tariffs by the US administration. ” Despite these tensions, the exchange of goods between the E…
Transatlantic Trade Triumph: Unseen Strains Under Record Figures
The trade between the EU and the U.S. hit a record €875 billion last year despite tariff pressures. While exports increased, key sectors like automotive suffered. EU's trade surplus stood at €285 billion. Services trade reached €865 billion, with intellectual property fees comprising a significant portion.
Record EU-US trade masks growing tariff pain for key industries
Goods trade between the European Union and the United States touched a record €875 billion in 2025, but a new study says the headline figures conceal mounting pressure on key industries, particularly the automotive sector.
EU trade with US hits record high despite tariff tensions, study shows
Trade in goods between the European Union and the U.S. reached a record €875 billion ($1.00 trillion) last year despite tariffs, but the figures mask significant economic damage, notably to Germany's auto sector, a study published on Friday found.
Despite the trade war initiated by Trump’s tariffs in April 2025, the trade in goods between the European Union and the United States has not only not sunk, but has marked a record trade surplus for the European bloc. This is revealed by a recent study by the Institute for the German Economy (IW Köln), which puts the EU’s favourable balance at 285 billion euros over the past year. According to the analysis, the total exchange of goods reached a …
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