US President Donald Trump has actually hinted the European Union (EU) might be beside face tariffs, after he slapped25% levies on items from Mexico and Canada, and an additional 10% tax on imports from China.While arriving into Maryland from Florida, Trump informed the BBC that tariffs on EU goods imported into the US could occur quite quickly .
They dont take our cars, they dont take our farm items, they take almost absolutely nothing and we take everything from them.
Millions of cars and trucks, remarkable amounts of food and farm items, he told journalists.The United States President added he delighted in good relations with British Prime Minister Sir Keir Starmer, and that trade concerns with the UK could be worked out.When asked by the BBC if there was a timeline for revealing tariffs on the European bloc, Trump said: I wouldnt say theres a timeline, but its going to be quite quickly.
For its part, the 27-member bloc has actually condemned Trumps choice to continue with tariffs against Canada, Mexico and China, and cautioned that it will react securely if it also becomes a target.Mexico and Canada have actually vowed to take vindictive measures, while China said it could take corresponding countermeasures .
On trade with the UK, the US President stated the country has actually been out of line but included that the concerns could be solved.
The UK is out of line.
But Im sure that a person, I think that one, can be exercised, Trump said.But numerous economists caution that these tariffs could cause higher prices for American customers and might eventually encourage other countries to decrease their reliance on the United States.