Trump threatens E.U. with tax on car imports, slams ‘very stupid’ trade deals

By BRENT D. GRIFFITHS |

“Our jobs and wealth are being given to other countries that have taken advantage of us for years,” President Donald Trump wrote on Twitter. | Evan Vucci/AP Photo

President Donald Trump on Saturday threatened the European Union with increased taxes on automobile imports while slamming the “very stupid trade deals and policies” struck by his predecessors, as his administration continues to defend his decision this week to impose unilateral tariffs on steel and aluminium imports.

“The United States has an $800 Billion Dollar Yearly Trade Deficit because of our “very stupid” trade deals and policies,” the president wrote on Twitter. “Our jobs and wealth are being given to other countries that have taken advantage of us for years. They laugh at what fools our leaders have been.

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Source:  Politico Online

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