The President of the United States, Donald Trump, has announced his intentions to impose tariffs on goods from EU countries.
Source: Trump, responding to reporters' questions at the White House, cites "Public Broadcasting"
Direct Quote from Trump: "Will I impose tariffs on the EU? Do you want a straightforward answer or a political one? Absolutely. The EU has treated us terribly".
"They don’t take our cars. They don’t buy our agricultural products. Essentially, they take almost nothing. We have a massive trade deficit with the EU. So we will take significant action regarding the EU".
Details: Trump explained that imposing tariffs on products from EU countries is intended to help the US correct the trade deficit situation.
Reminder: The United States plans to implement tariffs on imports from Canada, China, and Mexico starting February 1, as announced by Trump.
Trump previously asserted that his administration would impose 25% tariffs on imports from Mexico and Canada starting tomorrow.
Canadian Prime Minister Justin Trudeau stated that Ottawa is prepared to respond to the tariffs, but warned that the country is facing "tough times" ahead.