Trump, the EU threatens larger tariffs if Canada’s ‘economic losses’

President Donald Trump Earlier thursday, the European Union and Canada threatened bigger tariffs, while both economies work together to make economic damage to the United States.

President warns while writing on the Social Platform of Truth: “If The European Union The United States works with Canada to provide economic harm, and large-scale tariffs and large-scale tariffs will be posted on both the best friends of these countries! ”

UAW compliments 25% tariff in Trump’s autosets: ‘Victory for autooworters’

Post, after the announcement of the president’s announcement on Wednesday, applies 25% tariffs in all imported autos.

European Automobile Producers Association (ACEA) said Trump’s “deep concern” announced on Thursday’s additional tariffs.

“European cars to create a US for decades, creating jobs, economic growth of local communities and create mass tax revenues for the US government, Sigrid de Vries said in a statement. “We call on President Trump’s tariffs to consider only the negative impact on the domestic production of the United States, but also in global car manufacturers.”

The President sees Trump as a way of bringing tariffs Tax revenues Funding their plans for tax discounts while looking at the revival of internal production.

However, the president’s sweeping tariffs increased the war with US allies, especially Canada, Mexico and the EU.

Follow: How can investors benefit from the agenda of Trump tariffs

Earlier, Canada – the largest foreign supplier of the largest steel and aluminum in the United States, Trump announced additional tariffs against the United States in response to both commodity tariffs.

This has announced the revenge tariffs for American exports, which is $ 28 billion in American exports to American exports.

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Fox’s work ‘Greg Norman and Alex Nitzberg helped this report.