U.S. President Donald Trump said he is planning to announce tariffs of up to 25 percent on goods from the European Union.
Trump, speaking to press after the first meeting of his administration’s cabinet secretaries, said he is planning to announce tariffs of up to 25 percent on a range of goods “soon.”
“We have made a decision, we’ll be announcing it very soon, and it’ll be 25 percent generally speaking,” Trump said. “That will be on cars and all other things.”
Trump also claimed the E.U. was formed to “screw the United States.” He did not elaborate on the details of what goods the tariffs would target.
During the cabinet meeting, Trump also mentioned the 25 percent tariffs on Canada and Mexico, which he implemented via executive order on 3 February. He ultimately paused those tariffs one day later for one month and announced on his Truth Social social media platform that Canada has “agreed to ensure we have a secure Northern Border” as part of a CAD 1.3 billion (USD 917 million, EUR 874 million) border plan – which the country had previously announced in December 2024. He also said Mexico made similar promises to increase border security and similarly paused the tariffs for a month.
That one-month delay is approaching its end, and on 25 February, Trump said that the tariffs on Canada and Mexico would be going forward.
“We’re on time with the tariffs, and it seems like that’s moving along very rapidly,” Trump said during a news conference with French President Emmanual Macron.
However, Trump also said that ...