EU exports to US surge by 22.4pc in February

LONDON, Apr 23 (Reuters): European Union exports to the United States increased by 22.4 per cent in February compared to the previous year, Eurostat data showed on Wednesday, marking the highest exports growth rate in 13 months and totalling 51.8 billion euros.
Meanwhile, imports from the US rose by 2.4 per cent year-on-year to 28.2 billion euros.
On February 13, US President Donald Trump tasked his economic team with developing plans for reciprocal tariffs on every country that taxes US imports.
Despite threatening to impose a variety of trade penalties since his return to the White House in January, President Trump has postponed many of these actions.