Goods trade between the European Union and the United States reached a record €875 billion ($1.00 trillion) last year, defying the drag of ongoing tariff disputes.
A new study by the German Economic Institute (IW) reveals that while aggregate volumes surged, the figures mask significant economic damage, particularly to Germany's export sector.
The research indicates a 7.7 percent rise in EU exports to the US, yet the composition of that trade has shifted under pressure from protectionist measures.
The data underscores the resilience of transatlantic commerce even as political friction intensifies.
Despite the headline growth, the IW analysis suggests that tariffs have distorted supply chains and eroded margins for key European manufacturers.
This divergence between total volume and sectoral health is critical for investors tracking the eurozone's external demand drivers.