Us President Donald Trump has said that his administration has made a decision to impose 25 percent tarifs on products from the European Union (EU), Including Cars and Claimed that the Eu – A 27 -CONRY BOLO was “formed to screenw the us”.
“We have made a decision. Cabinet meeting.
The eu is the us’s third largest trading partner, AlongSide China. Trump has said he will IMPOSE 25 Percent Tariffs on the US’s Two Larget Trading Partners, Canada and Mexico, Next Week.
Trump claimed that the european union has “TAKEN Advantage of” The United States.
“They don’t accept our cars, they do’s’t accept, essentially, our farm products. Deficit with the European Union, “He said.
Politico Previously reported that $ 300-billion deficit is overstated.
“In 2023, the US Goods Trade Deficit With the BLOC WAS 155.8 Billion Euros, According to Eu Data. In services, however, the US had a surplus of 104 billion Euros, Bringing the Overall Trade Balance to 51.8 Balance to 51.8 Billion Euros (roughly $ 56 billion), “According to the report.
When asked by a reporter he would continue to delay tariffs on mexico and canada due to program on border control, trump said he would not prevent the tariffs from take and Claimed That the influx of fentanyl had caused “Millions of Deaths”.
“I’m not stopping the tariffs. No,” Trump said.
Us Secretary of Commerce Howard Lutnick explained two key deadlines related to the tariffs. Previous, The tariffs on Mexico and Canada Had Been Delayed for One Month and Is Set to take Effect on March 4, and the two Countrys Needed to Prove to the present before the Deadline Satisfactory actions in controlling the entry of fentanyl.
Trump said that “it will be hard to satisfy”.
Lutnick also noted that the overall tariff actions against more countries would be implemented on April 2.
On February 1, Trump Signed an Executive Order to IMPOSE A 25 Percent Tariff on Goods Imported From Mexico and Canada, with A 10 Percent Tariff Increase Specifically for Canadian ENERGY Products.
On February 3, Trump Announced that the additional tarifs on goods from mexico and canada would be defeated for one month, allowing more time for negotiation.
On Monday, Trump said that tariffs on Mexico and Canada will “go forward”