Trump: The EU is an ‘Atrocity’ on Trade

Trump The EU is an ‘Atrocity’ on Trade
Trump The EU is an ‘Atrocity’ on Trade

U.S. President Escalates Rhetoric as Global Trade War Looms

A global trade war appears imminent as U.S. President Donald Trump ramps up incendiary rhetoric and takes aggressive action against key trading partners. Over the weekend, Trump made a bold declaration, vowing to impose tariffs on goods coming from the European Union, which he described as an “atrocity” in trade relations.

During a press briefing concerning the crash of American Eagle Flight 5342 and an Army helicopter, Trump was asked whether he intended to implement tariffs on products from the United Kingdom. Rather than directly addressing the question, he redirected his criticism toward the EU.

“It might happen with that, but it will definitely happen with the European Union. I can tell you that, because they’ve really taken advantage,” Trump stated. “You know, we have over a $300 billion deficit.”

However, economic data contradicts his assertion. According to the European Commission, the U.S. goods trade deficit with the EU in 2023 was approximately €155.8 billion, significantly lower than the figure Trump cited.

Trump further elaborated on his grievances, claiming, “The U.K. is out of line, but … I think that one can be worked out. But the European Union, it’s an atrocity what they’ve done. So the U.K. is way out of line … but the European Union is really out of line.”

His remarks came after a weekend of escalating trade tensions, during which he took action to levy tariffs on Canada, Mexico, and China. The move has drawn widespread criticism from international leaders, economists, and trade analysts, many of whom warn that these protectionist measures could spark a full-scale global trade war.

On Friday evening, Trump reaffirmed his intention to target EU goods, stating, “We will absolutely impose tariffs. The European Union has treated the United States so terribly.”

The European Commission quickly responded to Trump’s threats. A spokesperson for the Commission warned that the EU “would respond firmly” should Trump “unfairly or arbitrarily impose tariffs on EU goods.”

With tensions escalating and the global economy at stake, the international community is bracing for what could be a prolonged and damaging trade conflict. The coming weeks will be crucial in determining whether diplomacy prevails or if the world will witness an all-out trade war led by the United States.

 

From : News
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