In a move that could further escalate global trade tensions, United States President Donald Trump on Wednesday threatened to impose additional tariffs on European Union (EU) goods.
This latest warning comes as major U.S. trading partners signal their intent to retaliate against the trade barriers already put in place by the Trump administration.
Speaking at a press briefing, Trump criticized the EU’s trade policies, accusing the bloc of unfair treatment of American businesses.
He warned that if the EU does not agree to more favorable terms, his administration will introduce new tariffs targeting key European exports, including automobiles, agricultural products, and luxury goods.
“If they don’t treat us fairly, we will respond strongly. The United States has been taken advantage of for too long, and that ends now,” Trump declared.
The European Union has responded with sharp criticism, with officials vowing to impose countermeasures if Washington moves forward with the new levies.
Brussels has previously hit back against U.S. tariffs on steel and aluminum by imposing duties on American products such as whiskey, motorcycles, and agricultural goods.
Global markets reacted nervously to Trump’s remarks, with stocks in major European firms slipping amid fears of an intensifying trade war.
Analysts warn that a prolonged dispute could disrupt international supply chains and hurt businesses on both sides of the Atlantic.
The latest threat adds to an ongoing series of trade conflicts under Trump’s administration, including disputes with China, Canada, and Mexico.
Economic experts caution that escalating tensions with multiple trade partners could have long-term consequences for global commerce and economic stability.
As both sides brace for potential new tariffs, negotiations remain uncertain, with the risk of a full-blown transatlantic trade war looming.