EU has to Make Hard Decision Against US! EU Drop BAD NEWS on TRUMP over US Economy!

“We're going to announce it very soon,” he told reporters during a meeting with members of his cabinet. “It will be 25% across the board and it will be on cars and everything else.”

 The European Union announced a “tough and immediate response to unjustified tariffs”.

 

 Trump's speech raised questions about his trade plans and raised the possibility that tariffs on imports from Mexico and Canada,

 which were due to take effect on March 4, could be delayed again.

 

Trump made it clear that trade with Europe was also in his crosshairs and reiterated his criticism of European policies. He said these policies disadvantaged American exporters of food products and automobiles. 

 

“The European Union was created to rip off the United States - that's its purpose and they've done it well,” he said. “But now I'm president.” Now that “Europe is screwing us,” Trump is signaling that he may impose high tariffs on a range of sectors, including automotive and agriculture. Suddenly, everyone's eyes turned to this harsh outburst by the US administration. 

 

While US President Donald Trump's previous tariff decisions against Mexico, Canada and China have put a lot of strain on the world trade balances, now this wave of tariffs expanding towards the EU is creating an uncertain picture that suggests that anything can happen at any moment.

 

 Will Trump's new tariff move against the European Union lead to a shocking earthquake in the global economy? And what would happen if this decision actually materializes? Automobile giants, 

 

technology manufacturers, agriculture and aviation... They are all on edge. And the European Union is unlikely to remain silent; retaliation options are already on the table. How will all these developments affect the world trade balance? Is the EU, which emphasizes the common market and win-win principles, now being dragged into a trade chess match with Washington
 

 

 

 Source: Oracle Eyes