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Trump threatens EU with 35% tariffs if investment pledge unfulfilled

Euronews · New
Euronews
Euronews
New

U.S. President Donald Trump spoke on CNBC about the current state of markets in the U.S. but was quizzed about a pledge on investment made in the EU-U.S. trade deal.

Breakdown
  • Trump warns EU of 35% tariffs if investment pledge is not met. 5s
  • The $600 billion EU investment pledge was a reason for lowering tariffs to 15%. 14s
  • The EU Commission cannot direct private sector investments. 41s
  • The trade deal includes a 15% tariff on most EU imports. 53s
  • Europe has committed to purchasing $750 billion in American energy, with details pending. 1m 6s
International PoliticsEconomy