US President Donald Trump has threatened to impose a new tax on imported cars from Europe if the European Union takes retaliatory measures over the newly announced steel tariffs.
Speaking through Twitter, Trump said: “If the EU wants to further increase their already massive tariffs and barriers on US companies doing business there, we will simply apply a tax on their cars which freely pour into the US.
“They make it impossible for our cars )and more) to sell there. Big trade imbalance!” [Read more…] about Trump threatens to tax cars from Europe if EU retaliates over steel tariff
