US trade with the EU is out of whack. Trump needs to stay tough on tariffs to fix it
Fox News
President Trump threatens 50% tariffs on EU imports if no trade deal by July 9, highlighting a long-standing trade imbalance and demanding fair market access.
The U.S. trade deficit with the EU is ballooning. It has gone from $45 billion in 1999 to $235 billion in 2024. If we include services last year, the trade deficit only reduces to $161 billion. Gordon Sondland served as the 20th U.S. ambassador to the EU. He is the founder of Provenance, a national hospitality business, and the author of, "The Envoy: Mastering the Art of Diplomacy with Trump and the World."
When it comes to trade, they have won for decades and that has to change.
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