Trump threatens Europe with fresh tariffs in Davos, deepening a rift with long-time U.S. allies
Source: Washington Post
DAVOS, Switzerland — President Trump renewed his threat to put hefty tariffs on European cars Tuesday at the World Economic Forum, promising hardball tactics if trade negotiations did not go his way.
Just days after Trump scored big wins with China, Mexico, and Canada, the move highlights how Trump is quickly pivoting to make Europe the next front in his protectionist trade war.
As part of this push on Tuesday, Treasury Secretary Steven Mnuchin warned that Italy and Britain could face U.S. tariffs if they pursue taxes on large digital companies like Facebook and Alphabet’s Google. French President Emmanuel Macron agreed in recent days to delay a similar tax in order to avoid Trump’s tariffs.
The threatened tariffs symbolize the growing rift between the United States and Europe, which was on clear display as leaders from the two continents appeared to be talking from different scripts. Trump insisted on discussing a new trade deal, while European leaders kept emphasizing action on climate change and cooperation.
Read more: https://www.msn.com/en-us/money/markets/trump-threatens-europe-with-fresh-tariffs-in-davos-deepening-a-rift-with-long-time-us-allies/ar-BBZbXji?li=BBnb7Kz
Another tantrum by the dotard
= new reply since forum marked as read
I thought he'd agreed to a weakened deal to say he could "claim victory."
Now someone's calling them "big wins?"
Which is it?
tRump administration creates crises then puts on a big show like he's solving non-existent problems. I see that NK is already telling him to go piss up a small rope. With China's trade deal, they will be the winner big-time in the long run.
Prepare for a shitstorm of these fake "wins" before November......
