Trump threatens EU with tariffs on cars

Trump threatens tariffs on European cars
Trump threatens tariffs on European cars
By Euronews with Reuters
Share this articleComments
Share this articleClose Button
Copy/paste the article video embed link below:Copy to clipboardCopied

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 per cent tariff on all US imports of European Union-assembled cars.

ADVERTISEMENT

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 per cent tariff on all US imports of European Union-assembled cars.

Trump posted his threat on Twitter the day European Union reprisals took effect against US tariffs on European steel and aluminum.

The EU targeted $3.2 billion in American goods exported to the 28-member bloc.

"If these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!" Trump wrote.

Trump has launched or threatened an array of trade measures, saying he aims to create US jobs and protect domestic industries.

Trump has repeatedly criticised German car imports. He reportedly told French President Emmanuel Macron he wanted to halt Mercedes-Benz models from driving down Fifth Avenue in New York City.

Republican lawmakers and business groups have opposed higher car tariffs.

Share this articleComments

You might also like

Trump's lawyers say it is impossible for him to post bond covering $454 million fraud case

Trump and Biden romp to victory in Super Tuesday primaries

Trump wins North Dakota contest ahead of Super Tuesday