In 2017, the United States and China were by far the two largest commercial partners of the EU, but although it made a surplus of €120 billion with the former, it once again made a large deficit with the latter, to the tune of €176 billion, according to data published by the statistical office of the European Union, Eurostat, on Monday 26 March.
The bilateral trade in goods between the EU and the United States stood at €631 billion (16.9% of the EU's total trade in goods) and trade...