Trump Says Eu Tariffs Coming 'Very Soon'
US President Donald Trump has announced that he plans to hit goods made in the European Union with tariffs of 25%, sparking new questions about his trade plans. The announcement comes as the president appears to raise the possibility that looming tariffs on imports from Mexico and Canada, set to come into effect on April 2, might be postponed again. The White House has declined to comment on the timing of the EU tariffs.
- The escalating trade tensions between the US and the EU could have far-reaching consequences for global supply chains and multinational corporations.
- Will the EU's strong economic sanctions against the US ultimately prove to be a more effective tool in protecting its interests than punitive tariffs?