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Economic Significance of U.S.–Spain Trade
Despite President Trump’s threat to cut off trade, current economic data show that trade between the United States and Spain remains significant and mutually beneficial.
In 2025, Spain exported tens of billions of dollars’ worth of goods to the United States — including products such as pharmaceuticals, olive oil, and machinery — while importing a slightly higher volume of U.S. goods. This created a modest U.S. trade surplus with Spain.
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