President Donald Trump today recommended a 50-per cent tariff on goods from the EU, citing a lack of progress in talks.
The EU’s ‘trade barriers, value-added tax, ridiculous corporate penalties, non-monetary trade barriers, monetary manipulations, unfair and unjustified lawsuits’ against US firms have led to a trade deficit of over $250,000,000 a year, and that’s ‘totally unacceptable’, he posted.