Growing EU Trade Deficit With China Signals Deepening Competitive Decline

Eurostat, the EU statistics office, reported the European Union’s surplus with the United States grew to 100.8 billion dollars in Jan-July 2019 from 88.6 billion in the same period of 2018. During that time the EU’s trade deficit with China expanded to 120.9 billion dollars from 109.2. This comes at a time that trade figures are adding extra strain to global tensions.

 

 

 

 

 

 

https://www.zerohedge.com/economics/eus-growing-trade-deficit-china-bodes-poorly-future

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