Donald Trump has said he will hit the EU with tariffs, adding the bloc to a list of targets including Canada and Mexico and bringing the US to the brink of new trade wars with its biggest trading partners.
The US president acknowledged that the new tariffs could cause some market “disruption”, but claimed they would help the country close its trade deficits.
“The tariffs are going to make us very rich, and very strong,” Trump told reporters in the Oval Office.
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