The trade deficit between the United States and the European Union is a topic of contention, with US President Donald Trump claiming a $350 billion deficit, a figure disputed by European Trade Commissioner Maros Sefcovic. Sefcovic emphasized the importance of basing discussions on real facts and figures.
There is a discrepancy in how trade deficits are calculated between the US and the EU. The European Commission noted that the 'true value' of the deficit is often unclear and could fall between the estimates provided by both partners or even outside that range.
