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
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.