Politics
Trump team targets European Union with punishing trade measures
Donald Trump mulling over a minimum 10 per cent trade tariff for the European Union and China if returned to White House, according to his allies
Donald Trump is targeting the European Union for a potential slew of punitive trade measures designed to address long-standing grievances should he retake office, according to people familiar with his team’s economic-platform discussions.
The two sides are still at odds over tariff increases Trump imposed in his first term as president on steel and aluminium, which were partly suspended in 2021 after US President Joe Biden took office. If Trump wins in November, the EU ...