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Trump: The EU is an ‘atrocity’ on trade

Feb 03, 2025
President Trump recently announced that he would impose tariffs on goods coming from the European Union, calling their actions “an atrocity.” He also mentioned the trade deficit between the US and the EU, saying it was over $300 billion, even though it was actually €155.8 billion in 2023. Trump also criticized the UK but said they could work things out. He added that the EU was “way out of line” with their trade practices. This announcement has sparked fears of a global trade war, as Trump has already imposed tariffs on Canada, Mexico, and China. The EU has vowed to respond firmly if unfair tariffs are imposed on their goods. The European Commission spokesperson warned that they would not stand by if the US acted unfairly. This trade dispute could have serious consequences for the economy and could affect the prices of goods that people buy. Tariffs can make products more expensive, and if multiple countries are involved in a trade war, it could lead to higher prices for everyone. It is important for countries to negotiate and find fair solutions to trade issues to avoid these kinds of conflicts. In conclusion, the trade dispute between the US and the EU is causing tension and uncertainty in the global economy. It is important for countries to communicate and find fair solutions to trade disagreements to prevent further escalation and potential economic harm.

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