U.S. President Donald Trump has announced plans to impose a 25% tariff on imports from the European Union, stating that the bloc "was created to rob the United States." This was reported by the Financial Times, as noted by UNN.
Details
It is highlighted that Trump made this statement during the first meeting of his cabinet.
Donald Trump claims that the union, which consists of 27 countries, "was established to harm the United States of America."
In response, the European Commission threatened countermeasures if Trump goes ahead with the tariffs, asserting that the EU "will respond firmly and immediately to unjustified barriers to free and fair trade."
The President did not provide any new details regarding the proposed tariffs for the EU, including which authorities he would utilize, but he reiterated his fierce criticisms of the bloc for what he has long viewed as imbalanced economic relations.
Let us remind you,
On February 1, U.S. President Donald Trump stated his intention to "absolutely" impose new tariffs on goods from the European Union. Specific details regarding the tariff amounts and the list of products were not disclosed at that time.