Summary
Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”
While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.
French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.
Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.
Are you kidding? The major achievement of the pact has been to stop wars among its members, something that the US highly appreciated after the WW. All presidents up to Trump have been in strong favour of the EU, and EU expansion. Obama campaigned against Brexit. Bush junior strongly pushed for expansion into Eastern Europe. They all realised how much they benefited from having strong allies. Incredible how quickly that lesson has been forgotten.