Core Insights - The latest trade data indicates that the high tariff policies of the United States have negatively impacted European exports [1] - The fluctuations in European industrial data are attributed to pre-tariff export surges followed by declines due to high tariffs [1] - Factors such as a stronger euro, U.S. tariff measures, global trade uncertainties, and intense competition are expected to continue to weigh on European exports [1] Trade Data Summary - In June, eurozone exports decreased by 2.4% month-on-month, while imports increased by over 3% [1] - The seasonally adjusted trade surplus narrowed from €15.6 billion in May to €2.8 billion in June [1] - Year-on-year, EU exports to the U.S. fell by more than 10% in June [1] Tariff Impact - Since the beginning of the year, U.S. tariffs on the EU have been rising, with many European exporters facing a 10% "reciprocal tariff" in June [1] - Automobile manufacturers are subject to a 25% tariff, while steel and aluminum producers face tariffs as high as 50% [1] - In August, a 15% "reciprocal tariff" on most EU goods entering the U.S. came into effect, significantly higher than the previous average tariff rate of less than 5% between the U.S. and EU [1]
欧洲专家:美国关税冲击欧洲出口
Xin Hua Wang·2025-08-19 05:15