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[size=36]Trump threatens to impose taxes on European cars[/size]
Political | 03:56 - 22/01/2020
Baghdad - Mawazine News
, US President Donald Trump again threatened to impose taxes on the European auto sector, after a similar threat from US Treasury Secretary Stephen Mnuchin.
"Negotiating with the European Union is more difficult than negotiating with any other party. They have benefited from our country for many years," Trump said in an interview with the American Fox News Channel, on the sidelines of the Davos Economic Forum in Switzerland.
"In the end, it is simple, if we cannot reach a commercial agreement (with the European Union), we will impose a 25% tax on their cars," Trump added.
This comes after US Treasury Secretary Stephen Mnuchin announced on Wednesday from Davos that the United States is considering imposing punitive customs duties on the European auto sector, if the Europeans impose "arbitrary" taxes on major digital companies. End / 29 s
, US President Donald Trump again threatened to impose taxes on the European auto sector, after a similar threat from US Treasury Secretary Stephen Mnuchin.
"Negotiating with the European Union is more difficult than negotiating with any other party. They have benefited from our country for many years," Trump said in an interview with the American Fox News Channel, on the sidelines of the Davos Economic Forum in Switzerland.
"In the end, it is simple, if we cannot reach a commercial agreement (with the European Union), we will impose a 25% tax on their cars," Trump added.
This comes after US Treasury Secretary Stephen Mnuchin announced on Wednesday from Davos that the United States is considering imposing punitive customs duties on the European auto sector, if the Europeans impose "arbitrary" taxes on major digital companies. End / 29 s
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