Trump warns the EU and UK are in line for tariffs — but a U.S. deal with Britain might be in the cards
U.S. President Donald Trump on Sunday said trade tariffs would be imposed on the European Union and U.K., but signaled that a deal could still be worked out with Britain.
Trump has sent global markets into a tailspin after following through on his threat to impose import tariffs on the U.S.' largest trading partners, applying a 25% tariff on imports from Mexico and Canada and a 10% levy on goods from China. The tariffs are set to come into effect Tuesday.
All three countries have slammed the levies. Canada has retaliated with its own sanctions on U.S. imports, with Mexico threatening to do the same. China said has it would file a lawsuit with the World Trade Organization.
Asked on Sunday about the prospect of tariffs on goods from the U.K. and European Union (EU), Trump told the BBC that both were acting "out of line," but that the EU was behaving worse, and that tariffs could be imposed on the bloc "pretty soon."
"They don't take our cars, they don't take our farm products, they take almost nothing, and we take everything from them. Millions of cars, tremendous amounts of food and farm products," he commented as he arrived in Maryland. He said there was no timeline for imposing tariffs, but that they would come "pretty soon."
As for Britain, with whom the U.S. has a more nuanced trade relationship, the president said that he believed a deal could still be reached.
"The .U.K. is out of line. But I'm sure that one, I think, that one can be worked out," Trump said, adding that he was "getting along very well" with U.K. Prime Minister Keir Starmer.
President Trump has long accused a number of America's largest trading partners of exploiting the U.S., citing large and persistent trade deficits. Trump sees tariffs as a way to