Fact-check · Sep 4, 2026 · Donald Trump
“We lose the European Union $200,000,000,000 a year.”
MISLEADING
What the record shows
U.S. goods trade deficit with EU was $220.3 billion in 2025 (USTR); combined goods and services deficit approximately $113 billion after accounting for $107.3 billion services surplus.
Sources
- European Union | United States Trade Representative
- EU-US trade: facts and figures - Consilium - European Council
- U.S. International Trade in Goods and Services, December and Annual 2025 | U.S. Bureau of Economic Analysis (BEA)
- <span class="mw-page-title-main">EU trade with the United States - latest developments</span>
- Chart: EU-U.S. Trade Levels Out Between Goods and Services | Statista
- EU-US tariffs: tensions, trade deal and what could change | Topics | European Parliament
From: President Trump Signs Executive Orders, Sep. 4, 2026
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