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Democracy Challenged
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Vanishing Act: Strip Out Pharma and Ireland, and Over 40% of the EU’s U.S. Trade Surplus Disappears – Democracy Challenged
https://democracychallenged.com/2025/05/29/vanishing-act-strip-out-pharma-and-ireland-and-over-40-of-the-eus-u-s-trade-surplus-disappears/
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The transatlantic trade relationship is often framed in terms of a stark imbalance: in 2024, the European Union ran a €198.2 billion goods trade surplus with the United States. On the surface, this…