> Trump says he’s not looking for a tariff deal with EU
Trump says he’s not looking for a tariff deal with EU
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President Donald Trump said he’s not seeking a deal with the European Union after announcing plans to put a 50% tax on its goods in June.
“I’m not looking for a deal,” Trump told the reporters at the Oval Office. “We’ve set the deal. It’s at 50%.”
Trump said he objected to the trade deficit in goods with the EU and wanted European governments to provide greater access to American-made autos. But he defended his aggressive tariff hike by saying: “It’s time that we play the game the way I know how to play the game, you know.”
Still, Trump indicated that he could change or delay the tariff rates if European companies made commitments to build factories inside the U.S.