President Donald Trump has escalated his trade war, calling the European Union "pathetic" and slapping a massive 20% tariff on all imports from the bloc. Europe now joins China, Japan, Taiwan, and Korea in what Trump calls the US "trade sin bin." With the highest US trade barriers since the Great Depression, global markets are on edge as tensions rise. Will the EU retaliate? Is this the beginning of a full-scale trade war? Stay tuned for the latest updates!
#Trump #TradeWar #Tariffs #Europe #USvsEU #China #Japan #BreakingNews #Economy #Politics #GlobalTrade #TrumpTariffs #TradeConflict #MarketCrisis
#Trump #TradeWar #Tariffs #Europe #USvsEU #China #Japan #BreakingNews #Economy #Politics #GlobalTrade #TrumpTariffs #TradeConflict #MarketCrisis
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NewsTranscript
00:00The European Union charges us more than
00:0310% tariffs and they have
00:0620% VATs much much higher through non-tariff barriers the European Union bans imports of most American poultry
00:14You understand they say we want to send you our cars
00:17We want to send you everything, but we're not going to take anything that you have European Union
00:22They're very tough very very tough traders
00:24You know you think of European Union very friendly they rip us off. It's so sad to see it's so pathetic
00:3439% we're going to charge them 20% so we're charging them essentially half
00:54You
01:24You
01:54You
02:24You
02:54You
03:24You
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