Morningstar

EU Exports to U.S. Drop Sharply

Provided by Dow Jones

By Ed Frankl 




  European Union goods exports to the U.S. tumbled in August after the agreement of a tariff deal that ramped up duties on most goods from the economic bloc. 



  Exports to the U.S. were down 26% on month to 32.9 billion euros, or $38.3 billion, Eurostat data showed Thursday. Compared with the same month of last year, they were down 22% in August, it said. 



  The EU and U.S. agreed late July to a 15% tariff on most goods imports into the U.S. 



  Seasonally adjusted exports overall from the European Union decreased by 1.2% on month in August compared with July, statistics agency Eurostat said Thursday. Imports fell by a larger 2.1%. 





  Write to Ed Frankl at edward.frankl@wsj.com 





  (END) Dow Jones Newswires



  October 16, 2025 05:42 ET (09:42 GMT)


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