EU Trade Surplus Shrinks 60% Amid Decline in US Exports Due to Tariffs
The European Union's trade surplus with the rest of the world fell by 60% in February 2026, driven by a 26.4% drop in exports to the United States. This decline is attributed to ongoing U.S. import tariffs on EU goods, which have been in place since 2025. The EU's overall exports decreased by 9.3% year-on-year, while imports fell by 3.5%.
Topics: economic impact EU trade surplus export decline US tariffs