Thursday, February 27, 2025
HomeWorld NewsBrock says Trump threatens 25% tariffs on the EU to "screw" us ...

Brock says Trump threatens 25% tariffs on the EU to “screw” us | Real Time Headlines

U.S. President Donald Trump held a cabinet meeting at the White House in Washington, DC on February 26, 2025.

Jim Watson | AFP | Getty Images

U.S. President Donald Trump threatens to impose 25% tariffs on EU imports, claiming economic and political gangs are “screwing” the U.S.

Trump said Wednesday at the first cabinet meeting of his second term that his duties to Canada and Mexico will take effect on April 2 and his trade measures will include a 25% tariff on EU goods.

“We will announce it soon,” he told reporters. “Generally, this will be (a) 25% (tariff), which will be cars and everything else.”

He added: “They really took advantage of us… They didn’t accept our cars, essentially, they didn’t accept our produce. They used all kinds of reasons, why not. We accepted everything.”

The president prioritized his view of unfair trade relations with many of the United States’ closest neighbors and trading partners, citing the ongoing U.S. trade deficit, where it imports more goods and services than exports – as evidence.

Trump claims no citations suggest that the EU is aiming to undermine the United States

“I love European countries. I think I started there a long time ago, right?

The EU was established after the implementation of the Maastricht Treaty in 1993, and was established after the post-war European unification and Quote Establish an internal market and achieve sustainable development between its goals.

European Commission data shows The EU’s trade surplus with the United States in 2023 was 155.8 billion euros ($159.6 billion), but enjoyed a deficit of 100.4 billion euros in services. Machinery and vehicles make up the largest majority of the product group’s exports to the United States, followed by chemicals, other manufactured products, as well as medicinal and pharmaceutical products.

EU import tariffs may be translated Prices are higher for American consumers Economists have warned about the potential inflationary impact of import duties.

Europe rattles again

European market It is in a low public state, with the EU shocking the EU by Trump’s tariff threats that have previously threatened to respond to these measures In a “proportionate way”.

The EU Commission’s executive branch responded to Trump’s comments that promised “responsive to unreasonable barriers to freedom and fair trade, including the use of tariffs to challenge legal and non-discriminatory policies.”

The Commission responds to Trump’s claims on the origins of the EU, which has benefited the United States

Chad Elles | Getty Images

“The EU is the largest free market in the world. This is a boon for the United States. By creating a huge integrated single market, the EU promotes trade, lowers the costs of U.S. exporters and coordinated standards and regulations across 27 countries. As a result, U.S. investment in Europe is very profitable.”

The EU urges the United States to “retain these opportunities for our people and businesses, rather than confronting each other.”

The outlook for tariffs is not new, and Trump has threatened the EU and the UK with taxes. Despite this, the White House leaders used to have Shows a deal with the UKthe transaction relationship with the United States is more balanced

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments