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Trump’s threat of 25% tariffs on EU goods heightens fears over trade war
The FT reports Donald Trump has threatened to slap 25 per cent tariffs on imports from the EU, as he lashed out at the bloc, saying it “was formed to screw the United States”.
The remarks came during the first cabinet meeting of Trump’s second term on Wednesday, which featured an appearance by Elon Musk, the billionaire whom the US president has charged with slashing government spending.