United States President Donald Trump has said he will impose a 25 per cent tariff on imports from the European Union, claiming that the bloc was created to “destroy” his country.
Speaking at the first meeting of his cabinet, Trump said a decision on tariffs had been made and would be announced “very soon.”
Returning to his regular talking point that the US is treated unfairly in trade, Trump claimed that the 27-member union does not accept US cars and farm products while the US takes “everything from them.”
Reports say the EU currently imposes a 10 per cent tariff on US vehicle imports, which is four times the US tariff on European passenger car imports. The US also imposes a 25 per cent tariff on imported pick-up trucks.