"I am pleased to announce that, based on the fact the European Union is not complying with our full agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States."
"This is no way to treat close partners, Lange said. Now we can only respond with the utmost clarity and firmness, drawing on the strength of our position."
"Although the European parliament voted at the end of March to progress the deal, it still has not been formally signed off in what is known as the trilogue process."
Trump announced an increase in tariffs on EU cars and lorries from 15% to 25%, criticizing the EU for delays in ratifying a trade deal. He stated that vehicles made in the US by EU companies would be exempt. The EU parliament's trade committee chair, Bernd Lange, expressed concerns about the US's reliability as a partner. The EU is expected to respond diplomatically to salvage the deal, which has not yet been formally signed despite parliamentary approval. Trump's tariff announcement coincides with threats to withdraw US troops from Europe.
Read at www.theguardian.com
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