The US president has threatened to impose a 50-percent tariff on all items from the EU beginning June 1.
US President Donald Trump is as soon as once more taking purpose at buying and selling companions of the USA. This time it’s the European Union.
The US president is now threatening to impose a 50-percent tariff on all items from the EU beginning June 1. If he follows by means of, that can imply a lot increased import taxes on the EU’s a whole lot of billions of {dollars}’ value of exported items.
So is Europe about to pay a excessive value for not settling with Trump sooner? Or will Trump’s tariffs – now his signature transfer – backfire for US manufacturing?
Presenter: Tom Mcrae
Friends:
Paolo von Schirach, President, World Coverage Institute
Will Hutton, President, Academy of Social Sciences.
Brian Wong, Fellow, Centre on Modern China and the World
