Europe's widening surplus with US could fan trade-war tensions
Exports from EU to US increased to €375 billion in 2017 from €363.5 billion year prior
The European Union's trade surplus with the US widened by 6.8% over the past year despite threats of a trade war from US president Donald Trump, who has branded the relationship between the two regions as unfair.
The EU had a trade surplus with the US of €120.8 billion in 2017, up from €113.1 billion in 2016, according to data compiled by Eurostat. Exports from the EU to the US increased to €375 billion in 2017 from €363.5 billion the year prior, while imports from the US grew to €254.2 billion from €250.4 billion.
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