U.S. trade deficit with European Union climbs over 11 percent, despite Trump's gripes

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U.S. trade deficit with European Union climbs over 11 percent, despite Trump's gripes
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Bloomberg reported that while America's trade deficit with the E.U.was just 18.7 billion euros a decade ago, it was 75 billion euros, or $83 billion, in the first half of 2019.

with the European Union in the first half of the year rose more than 11 percent when compared to a year earlier.

The figures illuminate the tension between the president's rhetoric on trade and long-running U.S. trends. Despite Trump's focus on trade deficits, the U.S. has operated at a global deficit for more than 40 years. The gap between the number of products the exported to, and imported from, the EU has significantly widened in recent years.

Trump's criticism of Europe has infused tension into military and trade alliances between the U.S. and some of its longstanding partners. He has claimed that EU treats the U.S. worse on trade than China does and again railed against European nations at a Thursday night campaign rally in New Hampshire.

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