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TheGreatDane
FRANCE 24 English
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Comments by "TheGreatDane" (@thegreatdane3627) on "EU braces for trade war amid Trump's tariff threats • FRANCE 24 English" video.
for those who are wondering, total trade between the US and EU looked like this in 2023, including both goods and services: EU export to the US: 822 B euro. EU imports from the US: 774 B euro. EU trade surplus: 48 B euro. That is roughly 3% of the total value of trade.
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the US had a trade surplus of 109 billion euro in 2023 with the EU, when it comes to services. And a trade deficit of 157 billion euro when it comes to goods. So the total trade deficit with the EU is 48 billion euro. The total value of trade was 1,6 trillion euro, so the trade deficit is roughly 3 %.
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