Washington: US President Donald Trump threatened on Thursday that if the European Union (EU) works with Canada to do economic harm to the USA, large scale tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had! Writing on "Truth Social", Trump said "Liberation day in America is coming, soon. For years we have been ripped off by virtually every country in the world, both friend and foe. But those days are over - America First!" The threat comes a day after Trump announced that he would impose a 25 percent tariff on foreign-made vehicle imports, which will hit countries like Germany particularly hard.
According to Kuwait News Agency, European automakers criticized the move, arguing it will hurt U.S. manufacturing while the nations are already impacted by Trump's steel and aluminum tariffs on trading partners.
The president has also teased reciprocal tariffs set to take effect on April 2 - which the president has called "liberation day" - which will hit trading partners with the same tariffs they levy on the U.S.
Earlier this month, Trump announced broad tariffs on Canadian and Mexican imports and a one-month delay for auto parts covered under the U.S.-Mexico-Canada trade agreement, which is set to expire next week.