https://sputnikglobe.com/20260120/eu-has-no-leverage-to-push-the-us-around-on-trade-analyst-1123499140.html
EU Has No Leverage to Push the US Around on Trade - Analyst
EU Has No Leverage to Push the US Around on Trade - Analyst
Sputnik International
EU has no leverage to push the US around on trade: analystBrussels will be the bigger “loser” after pausing the ratification of the August 2025 framework agreement on a trade deal with the US. The latter’s massive trade deficit with Europe is simply too large, economics professor Daniel Lacalle says.
2026-01-20T18:52+0000
2026-01-20T18:52+0000
2026-01-20T19:05+0000
analysis
business
washington
brussels
greenland
european union (eu)
european parliament
https://cdn1.img.sputnikglobe.com/img/07ea/01/14/1123499227_0:160:3072:1888_1920x0_80_0_0_dee28c4f2a685f1519480f23b7cb1b87.jpg
“The trade surplus with the United States is very large [$138B from Q1 through Q3 2025, ed.]. I do not think that it is a positive outcome for anyone…as the US may also suffer in terms of prices of imports,” Lacalle told Sputnik.But the US’s massive deficit makes it much less sensitive to further tariff barriers than Brussels.The European Parliament formally paused ratification of the trade pact on Tuesday amid Washington’s threats of tariffs over Greenland.
https://sputnikglobe.com/20260119/eu-seeks-to-engage-not-escalate-with-us-over-greenland-avoid-new-tariffs-1123489204.html
washington
brussels
greenland
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2026
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
does us have trade deficit with europe, how big is us trade deficit with europe
does us have trade deficit with europe, how big is us trade deficit with europe
EU Has No Leverage to Push the US Around on Trade - Analyst
18:52 GMT 20.01.2026 (Updated: 19:05 GMT 20.01.2026) Brussels will be the bigger “loser” after pausing the ratification of the August 2025 framework agreement on a trade deal with the US. The latter’s massive trade deficit with Europe is simply too large, economics professor Daniel Lacalle says.
“The trade surplus with the United States is very large [$138B from Q1 through Q3 2025, ed.]. I do not think that it is a positive outcome for anyone…as the US may also suffer in terms of prices of imports,” Lacalle told Sputnik.
The observer doesn’t expect the deal to be done away with altogether, given its promise of putting an end to trade wars with cross-the-board tariffs of 15% on most European exports, and 0% on an array of US imports.
But the US’s massive deficit makes it much less sensitive to further tariff barriers than Brussels.
The European Parliament formally paused ratification of the trade pact on Tuesday amid Washington’s threats of tariffs over Greenland.
