Donald Trump has threatened to slap 25% tariffs on the European Union, claiming the 27-country bloc was “formed to screw the United States”.
Speaking at his first cabinet meeting on Wednesday, the US president said he would soon release details of the latest tariff threat.
The EU vowed to respond “firmly and immediately” to “unjustified” trade barriers, signaling that it stands ready to retaliate swiftly against new tariffs.
Trump has said he will impose 25% tariffs on the US’s two largest trading partners, Canada and Mexico, next week.
Trump did not give further details but mentioned carmakers and said the levies would be applied “generally”.
The EU will always protect European businesses, workers and consumers from unjustified tariffs.”.
Earlier this week, Trump defended his tariff threats and said foreign cars, drugs and semiconductor chips would be hit within weeks. »
