In a video address at the World Economic Forum, President Trump criticized European trade policies and promised tariffs on companies that operate outside the U.S. He highlighted perceived unfair trading practices, claiming Europe restricts imports of U.S. farm products and cars. While Trump has previously proposed tariffs as a negotiation strategy, he reiterated his commitment to these measures. He also addressed military spending in Europe and the ongoing war in Ukraine, emphasizing America's dissatisfaction with trade deficits with the E.U., though he provided no concrete plans for action.
Mr. Trump pledged to quickly end the war in Ukraine and called for more European military spending, while bashing unfair European trading practices that restrict U.S. goods.
He pointed out that the U.S. faces hundreds of millions of dollars in trade deficits with the E.U., threatening tariffs as a solution.
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