The US goods trade deficit with the EU fell by only 7percent in 2025, despite tariffs enacted by the White House to reduce the discrepancy, according to a report published Monday by the American Chamber of Commerce to the European Union (AmCham), underscoring the significant trade interdependence between the two partners.
The report arrives as Washington and Brussels are in dispute, stemming from the White House's ongoing aggressive trade approach, which involves tripling US tariffs on the union.
An uneven deal was made last summer between EU Commission president Ursula von der Leyen and US president Donald Trump, where the US set 15percent tariffs on EU products, while the EU consented to remove its tariffs and increase investments in the United States.
However, the agreement stays on hold as EU legislators seek clarification from Washington, after US officials initiated fresh investigations following a Supreme Court decision in February that deemed the 2025 tariffs unlawful.
In spite of tensions, commerce between the two parties continues to be strong. The report revealed that goods trade between the US and the EU reached an all-time high of $1.05 trillion in 2025.
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The research indicated that decoupling would be expensive for Europeans.
“Certain Europeans are justified in seeking to reduce excessive dependencies, but mistaken to believe that decoupling from America would incur minimal costs,” the authors stated, noting: “Some Americans are justified in wanting Europeans to increase their security efforts, but erroneous in believing they don’t need Europe.”
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The gap narrows when services are factored in, since the US has a surplus in that area.
“The study stated that we anticipate the total trade deficit for US goods and services with the EU in 2025 to be $150 billion—substantial, yet lower than the goods trade deficit of $219 billion.”
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As per AmCham, this gap is over four times smaller than the US trade gap with the Asia-Pacific area.