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Trump: The EU was formed to destroy America! We will impose 25% tariffs

2025-02-26 21:14:51Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Trump: The EU was formed to destroy America! We will impose 25% tariffs
Donald Trump

Donald Trump has threatened to impose 25% tariffs on the European Union, claiming the 27-nation bloc is "set up to destroy the United States".

Speaking at his first cabinet meeting on Wednesday, the US president said he would soon release details of the latest tariff threat. "We have made a decision and we will announce it very soon. It will be 25%," he said.

The EU is the US's third-largest trading partner after China. Trump has said he will impose 25% tariffs on the US's two largest trading partners, Canada and Mexico, next week.

Trump did not provide further details, but mentioned car manufacturers and said the taxes would apply “broadly.” “And that’s going to be on cars and all the other things,” he said.

Trump has made a series of announcements about imposing tariffs on the US's largest trading partners, but has repeatedly postponed imposing tariffs on Canada and Mexico.

Earlier this week, Trump defended his tariff threats and said foreign cars, drugs and semiconductor chips would be taxed within weeks.

French President Emmanuel Macron met with Trump in Washington this week and appeared confident that he had pulled Trump out of a trade dispute with the EU and to focus instead on his relationship with China.

According to Bloomberg, Trump's tariffs could hit up to $29.3 billion (28 billion euros) of the bloc's exports. The EU has vowed to retaliate immediately if the US imposes tariffs on member countries' exports. "The EU sees no justification for imposing tariffs on its exports. We will react to protect the interests of European businesses, workers and consumers from unjustified measures," the bloc's executive body said earlier this month.

Polish Prime Minister Donald Tusk has said the EU must do everything it can to avoid "completely unnecessary tariff wars".

Many economists and even conservative publications, including the Wall Street Journal, have warned that Trump's plans risk damaging the U.S. economy. On Wednesday, Trump took to Truth Social, his social media platform, to attack a Journal editorial that argued that his tariffs on Canada and Mexico would backfire, hurting the U.S. economy.

Calling the argument "very flawed," Trump wrote: "Tariffs will drive massive amounts of car production to MICHIGAN, a state that I simply see as easy in the presidential election," he wrote.


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