In the U.S. tariff war, President Donald Trump said Thursday that if the two countries work together to hurt the United States, they could issue larger tariffs on the EU and Canada.
“If the EU works with Canada to cause economic harm to the United States, then the massive tariffs, far beyond what is currently planned, will all be placed on them to protect the best friends of both countries ever,” Trump said in an article on the truth of his social media platform.
This is the second day after the U.S. president issued a major policy announcement to the Oval Office and announced a 25% tariff on all imported vehicles entering the country. He described the move as “very exciting” of home-made. European Commission President Ursula von der Leyen believes Trump’s decision is “not good for businesses and worse for consumers”, as News Agency’s Reuters said.
Canadian Prime Minister Mark Carney said in the latest tariff measures by the U.S. president, which was a “direct attack” on Canadian workers, noting that retaliation measures are being considered.
On April 3, the day after Trump decided to announce mutual tariffs on countries responsible for most of the U.S. trade deficit, new taxes on cars and light trucks will take effect on April 3, Reuters reported. They are already responsibilities introduced in steel and aluminum, as well as goods from Mexico, Canada and China.
The EU said it would postpone its first set of objections until mid-April, which included a 50% tariff on U.S. bourbon. In retaliation, if the group continues to move forward, the U.S. president threatens to crack down on 200% tariffs on all wine and other alcohol products in the EU.
(with proxy input)
