In the first cabinet meeting of the new administration, Trump said that the United States will “soon” announce 25% tariffs on European Union countries “on cars and other things.” “The EU was formed to screw the United States,” he said.
The EU's reaction was immediate: "We will react immediately, firmly. Illegitimate and unjustified tariffs. We will protect our companies. The EU is the largest free market in the world, it has been a godsend for the United States."
Musk also spoke at the meeting about federal finances: "We cannot tolerate a $2 trillion deficit. We must act or America will go bankrupt," said the Tesla boss who is ready to cut public funds.
"The answers to the questions of duties are at a European level", the words this morning of the Minister of Foreign Affairs Antonio Tajani. Who specified: "We will talk about it at a European level, we will dialogue and we will try to find the best possible solutions to protect our interests in a transatlantic relationship that must not deteriorate, but we must protect our interests and our businesses and find solutions that allow our companies to be competitive, we have a strategy".
"We have been working on the tariff issue for months now," he continued, and "we are moving forward, without agitation but with determination and strength to protect our businesses, the government is determined."
(Online Union)
