U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S.
The White House leader signaled the potential trade measures on Wednesday, during the first Cabinet meeting of his second term in office — a day before he announced that another set of proposed levies on Mexico and Canada will go into effect on March 4, noting that China will be charged an additional 10% tariff on the same date.
“We’ll be announcing it very soon,” he told reporters of the EU measures on Wednesday. “It’ll be [a] 25% [tariff] generally speaking, and that will be on cars and all other things.”
He added, “They’ve really taken advantage of us ... They don’t accept our cars, they don’t accept, essentially, our farm products. They use all sorts of reasons why not. And we accept everything of them.”
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Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
- by: Holly Ellyatt
- 2025-02-27
- Source:
CNBC
- 02/27/2025
