Trump Warns Canada and the EU of Potential New Tariffs
The US president has issued a warning to Ottawa and Brussels, advising them against provoking their “best friend” by implementing their own tariffs. US President Donald Trump has threatened to impose additional tariffs on the European Union...
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The US president has issued a warning to Ottawa and Brussels, advising them against provoking their “best friend” by implementing their own tariffs.
US President Donald Trump has threatened to impose additional tariffs on the European Union and Canada if the two countries cooperate to “do economic harm” to the United States.
This warning follows comments from newly-installed Canadian Prime Minister Mark Carney, who stated that the old relationship with Washington was “over” and emphasized the importance of strengthening ties with “reliable partners” in Europe.
“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” Trump noted on his Truth Social platform on Thursday.
On Wednesday, Trump revealed plans to impose an additional 25% tariff on hundreds of billions of dollars’ worth of imported cars and auto parts starting next week. In response, the leading economies of the EU and Canada have threatened retaliation.
Earlier in March, the US implemented a 25% tariff on most Canadian goods due to concerns about trade imbalances and drug trafficking.
In February, Trump announced a plan to introduce a 25% levy on goods imported from the EU, which is expected to take effect next week. Both Ottawa and Brussels have indicated they will respond with their own tariffs.
This escalating conflict with Canada comes on the heels of Trump's remarks suggesting that the country would be better off as the 51st state of the US, a proposition Canada has firmly rejected.
Washington has long accused the European Union of engaging in unfair trade practices, including imposing high tariffs on American goods and creating regulatory barriers that disadvantage US companies.
The Ukraine conflict has also created tension between Brussels and the new US administration. Trump has taken a more conciliatory stance toward Russia and has initiated peace talks, while the EU has maintained its focus on supplying lethal aid to Kiev and has considered the possibility of deploying troops.
Anna Muller for TROIB News
US President Donald Trump has threatened to impose additional tariffs on the European Union and Canada if the two countries cooperate to “do economic harm” to the United States.
This warning follows comments from newly-installed Canadian Prime Minister Mark Carney, who stated that the old relationship with Washington was “over” and emphasized the importance of strengthening ties with “reliable partners” in Europe.
“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” Trump noted on his Truth Social platform on Thursday.
On Wednesday, Trump revealed plans to impose an additional 25% tariff on hundreds of billions of dollars’ worth of imported cars and auto parts starting next week. In response, the leading economies of the EU and Canada have threatened retaliation.
Earlier in March, the US implemented a 25% tariff on most Canadian goods due to concerns about trade imbalances and drug trafficking.
In February, Trump announced a plan to introduce a 25% levy on goods imported from the EU, which is expected to take effect next week. Both Ottawa and Brussels have indicated they will respond with their own tariffs.
This escalating conflict with Canada comes on the heels of Trump's remarks suggesting that the country would be better off as the 51st state of the US, a proposition Canada has firmly rejected.
Washington has long accused the European Union of engaging in unfair trade practices, including imposing high tariffs on American goods and creating regulatory barriers that disadvantage US companies.
The Ukraine conflict has also created tension between Brussels and the new US administration. Trump has taken a more conciliatory stance toward Russia and has initiated peace talks, while the EU has maintained its focus on supplying lethal aid to Kiev and has considered the possibility of deploying troops.
Anna Muller for TROIB News
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