Trump threatens “much larger” tariffs on the EU and Canada

US President Donald Trump has threatened to impose “much greater” tariffs on the European Union (EU) and Canada when they work together to combat trading tariffs.

“If the European Union works with Canada to inflict economic damage to the United States, large -scale tariffs, much larger than the planned now, they will be placed on both to protect the best friend who has had anything in each of these two countries,” Trump said in social social security update Thursday.

On Wednesday, the White House leader announced that it would set a 25% tariff for “all machines that are not made in the US” with the levies that should come into force on April 2.

Trump’s Assistant White House Will Sharf said the new duties are distributed to “foreign cars and light trucks” and come in addition to the tariffs that are already available. He estimated that measures would lead to “more than $ 100 billion of new annual revenues” for the US

Global markets were shortened as a new front, open in the developing global trade war, with us and Asian carmakers fall After the announcement, and European Auto Giants is expected to do the same The market is open on Thursday.

Trump has long overcome world trade relations, making duties on imports coming from Mexico, Canada and China, as well as with flight on all imports and aluminum, due to the fact that he sees as an unjust trade deficit.

The EU and Canada have not yet made any statement that they assume that they are united to harm the United States, as shown in Trump’s mail, but both reported that they could avenge the last guidance.

Ursula von der Leyen, President of the European Commission that the EU would continue to seek negotiations while maintaining its economic interests. “

“Tariffs are taxes – bad for business that is even worse for consumers in the US and the European Union,” she said in, statement.

The new Prime Minister of Canada Mark Carney, meanwhile, called Trump’s step as a “direct attack” and told reporters that a high-level cabinet meeting would be convened on Thursday to decide on the answer.

“We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together,” he said in Kitchenery, Ontario, According to Reuters.

– Kevin Braninger and Eiman Javels brought to this story.