According to the U.S. Census Bureau, the goods trade deficit with the EU reached $146.7 billion in 2016. According to the EU, its surplus with the U.S. that year reached 112.9 billion euros. At the average exchange rate for 2016, 1.11 euros to the dollar, that's $125.3 billion. This means that the European Union exported more goods to the United States than it imported. Put another way, the United States had a total trade deficit of $101 billion with the European Union. Mr. Trump often ignores trade in services — like finance, technology and law — when making claims about the trade balance.

9 May 2019 The U.S. trade deficit increased slightly in March, even though the deficit The OOCL Europe is docked at the Port of Newark in Newark, New  6 Feb 2018 The US increased its trade deficit with the EU by $5 billion, mostly via gains by Ireland and Italy, as imports surged $18 billion, and exports rose  Overall EU-China merchandise trade balance compared to overall U.S.-China trade. As shown in figures 1-3, China runs a merchandise trade surplus with the  13 Jan 2020 Improved Monthly Goods Trade Deficit with the EU. With regard to other major trading partners, the monthly goods trade deficit with the European  19 Dec 2019 President Trump has said lowering the U.S. trade deficit is a key objective, and the deficit with the EU is typically the U.S.' second-highest each 

Discounting that contribution to US trade ignores a significant part of what makes the US economy tick. This is why most economists agree that the US trade deficit in 2017 was $566bn (£410bn).

5 Aug 2019 Despite all efforts by the Trump administration to reign in the country's trade deficit, the gap between imports to and exports from the United  9 May 2019 The U.S. trade deficit increased slightly in March, even though the deficit The OOCL Europe is docked at the Port of Newark in Newark, New  6 Feb 2018 The US increased its trade deficit with the EU by $5 billion, mostly via gains by Ireland and Italy, as imports surged $18 billion, and exports rose  Overall EU-China merchandise trade balance compared to overall U.S.-China trade. As shown in figures 1-3, China runs a merchandise trade surplus with the  13 Jan 2020 Improved Monthly Goods Trade Deficit with the EU. With regard to other major trading partners, the monthly goods trade deficit with the European 

16 Jun 2013 U.S. Trade Balance with China, 1971-80 economy, paving the way for rapidly expanding Chinese trade with Europe and the Asia-Pacific.

India has become an important trading partner for the United States over the past two decades, but the relationship has been marred by long-standing  European Union's Trade Balance recorded a surplus of 22.7 USD bn in Dec 2019, compared with a surplus of 18.7 USD bn in the previous month. European   5 Feb 2020 The US trade deficit fell in 2019 for the first time in six years with the US recorded a trade deficit of $177bn with the EU, but a surplus with  7 Jan 2020 Fears grow that Donald Trump will now set his sights on the EU and the UK. A boost to US exports also improved the trade balance, fuelling  5 Dec 2019 The deficit with the European Union decreased $1.3 billion to $14.3 billion in October. Exports increased $0.5 billion to $28.7 billion and imports  The United States is obsessed with its ever-growing trade deficit. By the 1960s, Europe accounted for almost 40 percent of total U.S. foreign direct investment. 4 Mar 2002 Since the 1970s the U.S. moved from a trade surplus to a deficit position, as Europe and Japan began to compete effectively with the U.S. in a 

The 30 largest trade partners of the United States represent 87.9% of U.S. exports, and 87.4% U.S. trade deficit (in billions, goods and services) by country in 2017 European Union, 283,269, 434,633, 717,902, -151,363. 1, China, 129,894 

5 Feb 2020 The U.S. trade deficit with the European Union rose to a record high of $178 billion in 2019, from $169 billion a year earlier, the U.S.  6 Feb 2020 The deficit with the European Union also reached an all-time high of $177.9 billion. Tensions in the 19-month U.S.-China trade war have eased,  India has become an important trading partner for the United States over the past two decades, but the relationship has been marred by long-standing  European Union's Trade Balance recorded a surplus of 22.7 USD bn in Dec 2019, compared with a surplus of 18.7 USD bn in the previous month. European   5 Feb 2020 The US trade deficit fell in 2019 for the first time in six years with the US recorded a trade deficit of $177bn with the EU, but a surplus with  7 Jan 2020 Fears grow that Donald Trump will now set his sights on the EU and the UK. A boost to US exports also improved the trade balance, fuelling 

United States's Trade Balance recorded a deficit of 65.9 USD bn in Jan 2020, compared with a deficit of 68.5 USD bn in the previous month. United States's Trade Balance data is updated monthly, available from Jan 1986 to Jan 2020, with an averaged value of -39.6 USD bn. The data reached an all-time high of -3.7 USD bn in Feb 1992 and a record low of -79.8 USD bn in Dec 2018.

European Union's Trade Balance recorded a surplus of 22.7 USD bn in Dec 2019, compared with a surplus of 18.7 USD bn in the previous month. European   5 Feb 2020 The US trade deficit fell in 2019 for the first time in six years with the US recorded a trade deficit of $177bn with the EU, but a surplus with  7 Jan 2020 Fears grow that Donald Trump will now set his sights on the EU and the UK. A boost to US exports also improved the trade balance, fuelling 

Overall EU-China merchandise trade balance compared to overall U.S.-China trade. As shown in figures 1-3, China runs a merchandise trade surplus with the  13 Jan 2020 Improved Monthly Goods Trade Deficit with the EU. With regard to other major trading partners, the monthly goods trade deficit with the European  19 Dec 2019 President Trump has said lowering the U.S. trade deficit is a key objective, and the deficit with the EU is typically the U.S.' second-highest each  28 Aug 2018 But he will never implement them. Because Trump has chosen to further widen US fiscal deficits for years to come, higher trade deficits for the US  31 Mar 2016 While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in  27 Mar 2019 In 2008, the trade deficit was equivalent to 4.9 percent of American GDP, 3 times the size of the 2018 deficit with the entire European Union. 16 Jun 2013 U.S. Trade Balance with China, 1971-80 economy, paving the way for rapidly expanding Chinese trade with Europe and the Asia-Pacific.