- Donald Trump said that he would “definitely” keep the new tariff on the European Union, he said that he was really taken advantage of “. “I won’t say that there is a time-long line, but it’s going to happen very soon,” he told reporters that repeating complaints about the US trade deficit with the 27-nation block.
- Trump has earlier threatened the Tariff of the European Union, including recently on Friday when he said he would implement “absolutely”. “The European Union has treated us a lot,” he told reporters at the Oval Office. Experts believe that trade war is likely to slow down American growth and increase prices
- However, the European Union said on Sunday that if the US President impose tariffs, it will “respond firmly”. Speaking on Trump’s tariff on Canada, China and Mexico on Sunday, a spokesperson said, “The European Union would strongly respond to any business partner who incorrectly or arbitrarily tariffs the EU goods.”
- Trump’s warning to the European Union comes amidst his involvement in European politics, the world’s wealthiest person, Elon Musk. “People of Europe: join the mega movement! Make Europe re -make!,” Musk posted on his social media platform X on Saturday, “Make America Great Again” in a play on the slogan of Trump’s campaign.
- Donald Trump also said on Sunday that he would “talk” with the leaders of Canada and Mexico after punishing the two countries with 25 percent tariffs.
- He accused South Africa of “seizing” and “behaving very badly with some sections of people” and announced that he was cutting all funding in the future, which is an investigation into a pending country.
- Earlier on Sunday, Trump said that American major trading partners may feel the economic “pain” from their tariffs, but argued that it would be “worth the price” to secure American interests.
- “What will happen? Yes, yes, maybe (and maybe not!)” He wrote on his truth social media platform. “But we will make America great again, and it will all be worth the price that should be paid.”
- He said, “Whoever loves and believes in the United States is in favor of Tariff. They should never have finished in favor of the income tax system in 1913. The tariff’s response has been fantastic,” he Said in another post.
- While Canada and Mexico immediately vowed an anti -retaliation measures, China said it would challenge Trump’s levy in the World Trade Organization.
