Trump has once again tightened his trade war with Europe and threatened to impose a 35% tariff on him
The US president has threatened the European Union to raise the 15% rate agreed at the end of July to 35% if Brussels fails to meet its commitment to invest $600 billion in the US.
The President of the United States has threatened the European Union to raise the 15% rate agreed at the end of July to 35% if Brussels fails to comply with Trump's commitment to invest $600 billion (about €5 billion) in the United States.
"They paid $600 billion, which is why I lowered tariffs from 30% to 15%," Trump said in an interview with CNBC TV. The Republican president said that what Europe invested in the United States was a "gift." "They're going to give us $600 billion, and we can invest in what we want," he said. "And that's a gift, it's not a loan."
On July 27, European Commission President Ursula von der Leyen and US President Donald Trump reached an agreement on border taxes to end the trade war and impose a 15% levy on European products, while the 27 committed themselves to additional investments and the purchase of energy and weapons.
The US president specified that the agreement includes a 15% tariff on EU goods entering the United States, in addition to Brussels' commitment to energy purchases of $750 billion (€648 billion) to the United States for investments of $600 billion (€53 billion) and the "huge" amount of US military equipment.