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.
After I sent this, I saw a clip about it. It looks like he did suggest it was all on April 2 in some interview. If he had it wrong, was deliberately being confusing or what is unclear, but it hardly matters.
We’ll see what happens then, basically. Either way, we should be getting the hell away from American dependence.