Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

EU Trade Deficit Jumps

The European Union reported a 21.5 billion-euro trade deficit in July, much larger than the 13.6 billion-euro deficit the same month last year. The increased deficit comes after seasonally adjusted exports rose only 3.9% in June, failing to keep pace with the 4.1% increase in imports. The union suffered the largest imbalance with China, losing a net 72.2 billion euro since the beginning of the year. The United States, however, slightly countered this with its 32.4 billion euro loss to the union during the same time-frame.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...