Summary
Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”
While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.
French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.
Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.
canadians should continue to buy canadian or the EU, asian anD SA. remember when china no longer needed soybeans from usa the last tariff he did.
We are. And the retailers are responding by giving non-US stuff more shelf space and not re-stocking with US product where there is an alternate available to them.