News 2025

The European Union (EU) and the United States (US) are each other's largest trading partners, taking into account goods, services, and investments. Overall, trade between the EU and the US shows a surplus of EUR 48 billion in favour of the EU, equivalent to 3% of the total volume.

In response, US President Donald Trump aims to reduce the US trade deficit with the EU by implementing trade barriers, such as import tariffs.

Our German colleagues from Hauptverband der Deutschen Bauindustrie (HDB), which is FIEC's member, elaborated on the impact of US-tariffs on the construction industry, and they explain why the situation for the sector is more nuanced compared to other industries. The exposure of construction remains overall moderate.

Click the tab below to access the Industry Information Construction about the “Impact of US tariff policy”.

More info here.