The United States buys $235.6bn more in goods than it sells to the 27 countries that make up the European Union (EU).
That $236bn gap, known as the trade deficit, is something US President Donald Trump wants to reduce.
In an effort to close the gap, on April 2 the US imposed a 20 percent tariff on goods imported from the EU, aimed at reducing European exports to the US and encouraging domestic production.
In addition, the EU faces a 25 percent US tariff on steel, aluminium and cars.
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News Source: www.aljazeera.com

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