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‘I like tariffs’: Donald Trump threatens transatlantic trade war

2019-02-19 10:15:22       source:The Times

February 19, 2019


President Trump has threatened to reignite a transatlantic trade war by imposing hefty tariffs on European car imports.


“I like punitive tariffs”, he said ahead of a US Commerce Department report this week which is expected to recommend that the EU vehicle industry be classified as a threat to US national security because it robs the country of an industrial base needed to produce military hardware.


Mr Trump is expected to raise tariffs tenfold from 2.5 per cent to 25 per cent within the next three months.


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https://www.thetimes.co.uk/edition/news/us-and-germany-tariff-war-plunges-relations-to-new-low-lr9p80bnf