President Donald Trump said he has decided to hit the European Union with 25% tariffs, saying EU was formed "to screw the United States." “We have made a decision and we’ll be announcing it very soon,” Trump said during a Cabinet meeting Wednesday.
The president’s comments renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth.
SACRAMENTO, the United States, Feb. 26 (Xinhua) -- U.S. western states will face disproportionate harm after President Donald Trump confirmed Monday that his 25-percent tariffs on imports from Mexico and Canada will start next month.