US President Donald Trump suggested that the European Union (EU) could soon face tariffs, following his imposition of 25 per cent levies on Mexico and Canada, as well as an additional 10 per cent on Chinese imports. Speaking to the BBC in Maryland on Monday, Trump said tariffs on EU goods might come “pretty soon,” accusing the EU of taking advantage of the US by not importing American cars or farm products.
The US president also expressed positive relations with UK Prime Minister Sir Keir Starmer, noting that trade issues with the UK could be resolved, despite mentioning that the UK was “out of line.” He added that the EU would face firm responses if targeted, and both Canada and Mexico had pledged retaliatory actions, while China had threatened countermeasures.
Trump has used tariffs as a key element of his economic policy, claiming they boost the US economy, protect jobs, and generate tax revenue. However, critics argue these measures could increase consumer prices and reduce the US global influence.
Attribution: BBC
Subediting: Y.Yasser