Trump vows to hit EU with tariffs, eyes 10% tariff on China on Feb. 1


(Reuters) – U.S. President Donald Trump vowed to hit the European Union with tariffs and stated his administration was discussing imposing a ten% tariff on items imported from China on Feb. 1 as a result of fentanyl is being despatched from China to Mexico and Canada.

Trump, talking to reporters on the White Home, stated he had already imposed giant tariffs on China throughout his first time period. He stated the European Union and others additionally had troubling commerce imbalances with america.

“The European Union could be very, very unhealthy to us,” he stated, repeating feedback made Monday. “So they are going to be in for tariffs. It is the one manner … you are going to get equity.”

admin

Share
Published by
admin

Recent Posts

Tariffs to trigger ‘short-term bumps,’ Trump financial adviser tells Fox Enterprise

By Kanishka Singh WASHINGTON (Reuters) - U.S. President Donald Trump's Council of Financial Advisers Chair…

40 minutes ago

New Look fashions £30m money name to fund digital progress plan

The homeowners of New Look, the excessive avenue vogue chain, are ploughing £30m of recent…

2 hours ago

Elon Musk calls studies he’ll step again from authorities position ‘pretend information’

Elon Musk has referred to as studies that he'll go away his authorities position within…

3 hours ago

Donald Trump’s tariffs may have penalties for globalisation, the US financial system and geopolitics

For many years, commerce and commerce coverage has been an financial and political backwater -…

3 hours ago

Here is each nation dealing with reciprocal tariffs introduced by Trump on ‘Liberation Day’

President Trump on Wednesday laid out his long-awaited plans to slap reciprocal tariffs on nations…

3 hours ago

Donald Trump publicizes sweeping world commerce tariffs – together with 10% on UK imports

Donald Trump has introduced a ten% commerce tariff on all imports from the UK -…

3 hours ago