EU Trade Surplus Drops 60% in February Amid Steep Export Declines to US and China
The European Union experienced a significant contraction in its trade surplus with the rest of the world, declining by 60% in February 2026. Eurostat data revealed total EU exports fell by 9.3% compared to February 2025, while imports decreased by 3.5% year-on-year. Exports to the United States suffered the largest drop, falling 26.4%, influenced by the continuation of 15% US tariffs on most European goods. EU imports from the US declined by 3.2% during the same period. EU exports to China also declined, though the report did not quantify the extent. A notable factor contributing to this drop was a... [Continue Reading]
Breaking-360LiveNews | 17 Apr 2026 20:01 LONDON
