EU trade surplus with U.S. expands, deficit with China grows



Philip Blenkinsop | Reuters

The European Union’s trade surplus with the United States and its deficit with China both increased in January, serving as potential fuel for trade conflicts between the world’s largest economies.

The EU surplus in goods trade with the United States expanded to 11.5 billion euros ($13.0 billion) in January, from 10.1 billion in January 2018, EU statistics office Eurostat said.

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