Trump Vows to Hit EU with Tariffs, Eyes 10% Tariff on China on Feb. 1

Reuters01-22 08:33

U.S. President Donald Trump vowed to hit the European Union with tariffs and said his administration was discussing imposing a 10% tariff on goods imported from China on Feb. 1 because fentanyl is being sent from China to Mexico and Canada.

Trump, speaking to reporters at the White House, said he had already imposed large tariffs on China during his first term. He said the European Union and others also had troubling trade imbalances with the United States.

"The European Union is very, very bad to us," he said, repeating comments made Monday. "So they're going to be in for tariffs. It's the only way ... you're going to get fairness."

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Comments

  • 7 percent
    01-22 08:52
    7 percent
    Inflation here we come!
  • neo26000
    01-22 08:49
    neo26000
    America has already done more than enough for the world—whether it’s in Korea, Vietnam, Iraq, or Afghanistan. Some countries need to start taking responsibility for themselves instead of constantly relying on "big brother." Enough is enough. Trump is right to prioritize America first.
  • setia100
    01-22 08:43
    setia100
    US consumers will have to accept it. If not, they will go for Zero Purchase to serve their needs 😂
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