Trade in goods between the European Union and the U.S. reached a record €875 billion ($1.00 trillion) last year despite ‌tariffs, but the figures mask significant economic damage, notably to Germany’s auto sector, a ‌study published on Friday found.

The research by the German Economic Institute, or IW, found a 7.7% rise in EU exports ​to the U.S. to €580 billion, while U.S. imports into the EU climbed 2.2% to €295 billion, pushing the EU’s trade surplus to nearly €285 billion.

EU car ⁠and parts exports to the U.S. fell 20.4% in 2025, with Germany, which accounts for nearly two-thirds of EU auto exports to the United States, ⁠posting an 18.9% drop.

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