Trump says EU tariffs announcement coming 'very soon'

Quick Summary:

"The EU was formed to screw the United States," Trump says.

Tariffs are a tax on imports that is collected by the government and paid for by the companies bringing in the goods.

At Wednesday's meeting, when asked for an update, he said the 25% tariffs on Mexico and Canada would go into effect on 2 April.

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Article Details

Category: Business

Markets: United KingdomCanadaChinaMexicoOmanUkraineUnited States

Topics: Other Trade Goods Tariffs European Mexico Made Imports Trump Canada

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 20:54:39 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 621 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © BBC Business

News ID: 26465994

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Official Website: bbc.co.uk

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