usa news: US President Trump has warned the European Union and Canada. He wrote on social media that if the European Union and Canada are united against America, then America will give them a strong reply. This can open a new front of trade war.
Trump wrote, "If the European Union along with Canada tries to cause financial loss to America, then we will put heavy tariffs on them. These tariffs will be more than the rates already fixed, so that their country and friends can be protected."
trouble arose for the European Union
This post of Trump has created a new difficulty for the European Union. America has been the most important trading partner in Europe so far, but the deteriorating business situation has worried the European Union. They want to negotiate, but the Trump administration has not yet indicated any agreement. European Union Trade Commissioner Maros Sephakovic said, "Finally, as it is said, there is no clap with one hand."
EU
European Commission Chairman Ursula von Der Leyen expressed deep regret over the United Statesβ decision to put tariffs on imported European cars. American President Donald Trump on Wednesday signed an executive order, under which 25 percent tariff will be placed on car imports from April 2.
Von Der Leyen said that the block will continue to find solutions through dialogue while protecting its economic interests. President Trump has increased the tariff to 25 percent on imported automobiles and its parts. However he has indicated that the mutual tariff system to be implemented from April 2 & rsquo; soft & rsquo; Will be.