Donald Trump threatens to impose a 25 % tariff on European Union commodities

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Donald Trump threatened to slap 25 percent on imports from the European Union, as he criticized the bloc, saying it “was formed to install it in the United States.”

These notes came during the first cabinet meeting in Trump’s second state on Wednesday, whose appearance appeared by Elon Musk, the billionaire accused by the American president of cutting off government spending.

“We have made a decision and we will announce it soon,” Trump said when asked about his plans for the European Union definitions. “It will be 25 percent in general, and that is It will be on cars And all other things. “

Trump’s comments arouse a broad via commercial war that can harm both the United States and European Economies More damage to the strained diplomatic relations between Western allies.

On Wednesday evening, the European Commission seemed to threaten revenge if Trump imposed definitions, saying that the European Union “will interact with firmness and non -justified barriers to free and fair trade.”

Trump is preparing separately to implement 25 percent Definitions The neighbors of America are Canada and Mexico, while the White House tries to curb the undocumented migration and trafficking in the fentanel across its borders.

Despite Trump’s promises to impose a tariff on these two countries, as well as China, one day of his second term, it was the measures against Beijing that only passed.

During his first term, the president also threatened many definitions that it failed to achieve.

On Wednesday, Trump said that the fees on Canada and Mexico would turn into a valid on April 2, indicating a possible delay in the definitions, which was scheduled to be imposed next week.

But when Trump spoke, Howard Lootnick, the Minister of Commerce, intervened in note that American neighbors still have to meet the president’s demands for fentanel, indicating that the fees may still be effective next week.

“It will be difficult to please him,” Trump said after Lootnick jumped to the discussion.

Trump comes widely against the European Union just two days after Emmanuel Macron, the French President, at the White House to attend a meeting that included a discussion on trade in addition to peace talks in Ukraine.

Sir Kerr Starmer, UK Prime Minister, who left the European Union, will meet Trump in Washington on Thursday.

The President did not provide any new details of his proposed tariff for the European Union, including the authority he would use, but renewed his fierce attacks on the bloc when he was long seen as an unbalanced economic relationship.

They have benefited from us in a different way. They do not accept our cars. They do not accept our agricultural products mainly, and they use all kinds of reasons that make them no. ”

“Let’s be honest, the European Union has been formed to inhibit the United States. This is the purpose of this. They have done a good job in it.”

Washington encouraged the formation of the bloc in the wake of World War II to deepen economic integration and make the conflict less likely.

The euro fell slightly after Trump’s comments, as it traded 0.2 percent against the dollar at $ 1.049.

Car groups, which will be severely affected by the proposed definitions of American imports from Canada and Mexico as well as the European Union, warned that the demand for vehicles will harm like Consumers are forced to pay Prices increase if a 25 percent tariff is imposed on imported cars.

“Consumers will not be able to absorb the increase in vehicle prices and folder sizes decrease.” “The industry is already in a fragile position, and this tremendous uncertainty already slows deals, investments and customizer.”

During the cabinet meeting on Wednesday, Musk defended its efforts to reduce spending on the federal government, saying that “America will go bankrupt” without its team’s interventions.