Trump Threatens 25% Auto Tariff if No EU Trade Deal

US President Donald Trump on Wednesday re-established a major trade offensive against Europe, threatening to damage car tariffs to the EU if European citizens fail to agree to a long-term trade agreement.

“The EU is harder than anyone else to negotiate with. For many years they have taken advantage of our country. “In Davos Trump spoke to Fox Business News.

“Ultimately, it will be very easy because if we can’t make a deal, we’ll have to put 25 percent tariffs on their cars,” he added.

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