U.S. President Donald Trump has once again stated that tariffs will be imposed on products from the European Union, accusing the bloc of unfair trade practices.
Speaking at the White House yesterday, Trump said he would “absolutely” impose tariffs on goods from the EU, according to Politico.
He claimed that the U.S. is treated “terribly,” asserting that European markets are largely closed to American exports.
“They don’t accept our cars, they don’t accept our agricultural products, basically, they don’t accept almost anything,” said the 78-year-old.
The U.S. leader emphasized the large trade deficit between the U.S. and the EU, promising to take “significant” action against the bloc, although he did not provide further details.
During his election campaign, Trump mentioned plans to impose new tariffs of 10 to 20 percent on imports from the EU, saying this would boost the domestic industry and address the trade deficit.
During the first term of the current U.S. administration, there was a sharp trade clash between the U.S. and the EU. In 2018, Trump imposed tariffs on steel and aluminum imports, prompting the EU to retaliate with tariffs on American products such as bourbon, Harley-Davidson motorcycles, and jeans.
