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US President Donald Trump is risking another global trade war after hinting that he would "absolutely" impose tariffs on the European Union (EU). This comes as he has already imposed sweeping tariffs on Canada, Mexico and China, prompting the three nations to retaliate against the US.
When asked by reporters in the Oval Office if he was considering tariffs on the 27-nation bloc, the President replied, "Am I going to impose tariffs on the European Union? You want the truthful answer or a political answer? Absolutely."
"The European Union has treated us so terribly," he added.
President Trump responds to speculation that he will impose tariffs on European Union countries.
Reporters: Are you going to impose tariffs on the European Union?
Trump: “Do you want the truthful answer or the political answer?”
Reporters: “The truthful answer.”
Trump:... pic.twitter.com/al3CFU0x02 — Collin Rugg (@CollinRugg) February 2, 2025
During his first stint in the White House in 2018, Trump imposed tariffs on European steel and aluminium exports, sparking a trade war with the bloc.
This prompted the EU to retaliate with tit-for-tat tariffs on American goods including whiskey and motorcycles.
Published By:
Karishma Saurabh Kalita
Published On:
Feb 3, 2025
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