Trump threatens tariffs and a stop to trade with the EU over the axis with Canada
The tycoon calls the plan for an associate EU member Canada'ridiculous'
Quick Look
- Donald Trump has threatened heavy tariffs or the interruption of trade relations with the EU if the latter proceeds to make Canada the first associate member of the 27.
- The European Commission replied that the alliance is not against anyone.
AI-generated summary
Why It Matters
The EU has proposed making Canada the first associate member of the 27.
Donald Trump threatens to cut trade with the EU if he decides to proceed with Canada as an associate member. "I would apply very heavy duties on products coming from Europe. If they did, they would only make the situation worse", assured the tycoon.
“I find it ridiculous,” Trump added, speaking of the EU's proposal to follow up on Canada's move as the first associate member of the 27, as outlined by European Commission President Ursula von der Leyen on Wednesday.
"If they were to do so, and if I were to consider it a hostile act, I will apply very heavy duties or interrupt trade relations with Europe", he assured as soon as he got off Air Force One in North Carolina.
The EU to Trump: 'the alliance with Canada is not against anyone'
"As President von der Leyen made clear yesterday, the proposal to strengthen the partnership with Canada is not against anyone but for our common strength." A spokesperson for the EU Commission underlines this when replying to Donald Trump on Canada's proposal as an associate member of the Union.
Open Questions
- How will the European Commission formally react to threats?
- Will Canada comment on Trump's position?
