EUR News
LAST UPDATE: May 16, 2025
EU Exports to U.S. Surged Ahead of Trump Tariffs
DJ
In March 2025, EU exports to the U.S. increased by 59.5% compared to the previous year, totaling €71.4 billion. This surge was driven by companies accelerating shipments of pharmaceuticals, machinery, food, and raw materials ahead of President Trump's tariffs announced in early April. The EU's trade surplus with the U.S. reached €40.7 billion, up from €16.7 billion in March 2024.
Insight
The significant increase in exports reflects businesses' strategies to mitigate the impact of impending tariffs. This front-loading behavior underscores the profound influence of trade policies on international trade dynamics and supply chain decisions.
Sweden's central bank can afford to wait on rates, governor says
Reuters
Sweden's central bank governor stated that maintaining the current policy rate for a few months would not significantly affect inflation outcomes. This suggests a cautious approach amid global economic uncertainties.
Insight
The Riksbank's decision to hold rates steady reflects a strategy to balance inflation control with economic growth. By waiting, the bank aims to gather more data to make informed decisions, highlighting the importance of flexibility in monetary policy.
Swedish inflation may become lower than in March forecast, Riksbank's Thedeen says
Reuters
Riksbank Governor Erik Thedéen indicated that Swedish inflation might fall below the March forecast due to international developments dampening economic prospects. This suggests potential for future rate cuts if inflation continues to ease.
Insight
The possibility of lower inflation provides the Riksbank with room to adjust monetary policy to support economic growth. Monitoring global economic trends becomes crucial in anticipating domestic inflation trajectories and making timely policy interventions.
