U.S. President Donald Trump has launched a fresh attack on the European Union (EU), claiming the bloc was created to “screw the United States.” In response, he announced plans to impose a 25% tariff on European imports, particularly targeting the automobile industry. The move has sent shockwaves through global markets and raised fears of a new trade war between the U.S. and its European allies.
The European Commission fired back, condemning Trump’s remarks and warning of serious consequences if the tariffs go into effect. Officials in Brussels stressed that the EU has always maintained a fair trade relationship with the U.S. and vowed to retaliate if necessary. Some European leaders have already hinted at imposing counter-tariffs on key American exports.
The announcement rattled financial markets, with European stocks taking a major hit. Leading car manufacturers such as Volkswagen, BMW, and Mercedes-Benz saw their shares plunge as investors braced for potential economic turmoil. Analysts predict that prolonged uncertainty could disrupt global supply chains and slow economic growth on both sides of the Atlantic.
Trade experts are divided on Trump’s strategy. Some believe he is using aggressive tactics to secure more favorable trade deals, while others argue that such rhetoric and policies could do long-term damage to U.S.-EU relations. The fear of retaliatory measures is growing, and businesses are preparing for possible disruptions.
With tensions escalating, the world watches to see what comes next. If the EU follows through on its threats to strike back, a full-scale trade war could be on the horizon. As Trump doubles down on his hardline approach, the stakes for the global economy have never been higher.
