US President Donald Trump has pledged to hit the European Union with tariffs, adding that a 10% duty on Chinese imports could also come as soon as February 1.
Trump, who was speaking to reporters at the White House a day after being sworn in, cited the need to rectify the EU’s trade imbalances with the US while taking aim once again at Beijing over fentanyl trafficking.
“They treat us very, very badly. So they’re going to be in for tariffs,” Trump said of the EU. “You can’t get fairness unless you do that.” A day earlier, Trump accused the bloc of not importing enough American products, saying he would “straighten that out” by imposing duties or by urging for more oil and gas purchases.
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