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The trade deficit between the United States and the European Union is significantly less than the number required by US President Donald Trump, European Commercial Commissioner Maros Sefcovic said on Tuesday.

Talking, while signing executive orders in the Oval Office on Monday, Trump claimed there was a $ 350 billion deficit between the United States and the European Union.

In front of a meeting in the EU -Trading and Industrial Prosecution in Warsaw, Sefcovic said the EU would base any “discussions with the new US administration on real facts and numbers.”

More about the figures: However, due to the different ways in which trade deficits are calculated, there is a discrepancy between the US and the EU about how large the deficit is. IN Calculating their dataThe Europe Commission said that the “true value” is often unclear, and “could lie between the two partner estimates or even outside this interval.”

IN Latest available data From the European Commission, according to their figures for 2023, the EU published a trade surplus for goods exported to the United States of $ 161.7 billion (155.8 billion euros).

Alternatively according to US census data in the same periodUS trade deficit to the EU was $ 208.7 billion

By 2024, it was almost $ 213.7 billion, census data said. The EU has not yet published its report for last year.

Despite the discrepancy in the two figures, the gorge is significantly smaller than the number touted by Trump on Sunday.

Sefcovic added that the Europe Commission through “constructive commitment and discussion” can work to solve the US -EU deficit. He said he hoped to avoid “a lot of disturbance of the most important trade and investment relationship on this planet.”

“We are prepared for these negotiations, but also at the same time it is very clear that if it (EU) Would be hit unfairly or arbitrarily, we will answer, ”he said.

After the meeting, the Europe Commission Vice President, Stephane Sejourne, said: “If we have a trade war, we will all be losers.”