President Donald Trump said he plans to impose a 20 percent tariff on all cars imported from the EU unless the trade bloc “soon” removes import duties and other barriers to U.S. goods, escalating his global trade war.
“Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!” Trump said in a tweet on Friday.
