Trump Lets Loose on EU

The war of words continues.

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When the European Union heard of Trump’s proposed tariffs on aluminum and steel, it immediately threatened its own tariffs on U.S. companies.

In return, Trump fired another shot, stating, “If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pout into the U.S.”

The reason for Trump’s ire was an announcement by European Commission President Jean-Claude Juncker, who hinted the EU could start to impose tariffs on items such as bourbon, Levi jeans, and Harley Davidson motorcycles.

He told the German media, “I don’t like using the word trade war, but I can’t see how this isn’t part of warlike behavior.”

Juncker’s words are just a bit aggressive considering how the United States has been on the wrong end of the stick of many of these trade agreements for decades.

Now that Trump wants to level the playing field and give business owners in America a fair shot in all manufacturing industries, an ally like the EU looks like it wants to put a stranglehold on products that are only produced in the United States.

His words did not scare Trump, though, who responded, “Trade wars are good and easy to win.”

He followed that up with another tweet late this morning…

The EU was not alone in pressing the panic button after Trump’s proposed tariff’s, either.

China’s Foreign Ministry Spokeswoman Hua Chunying stated, “The basis for global recovery is still unstable. All countries should make concerted efforts to cooperate to resolve the relevant issues, instead of taking trade-restrictive measures unilateraly.”

To that I would respond that Trump made it quite clear while he was running that bad trade deals were going to be a major focus of his administration.

Knowing that, I would have thought our so-called trade partners would have been proactive to come to more U.S.-friendly agreements before Trump was forced to push the issue.

That obviously did not happen and now they are going to have to deal with whatever moves Trump makes.

By their early actions, it would appear as though they are going to answer very aggressively and everyone looks as though they are all standing right up against the line daring someone to cross it.

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