Trump Tariff War  US President Donald Trump has once again started a trade war in the world. A day after imposing 25 percent tariff on Mexico and Canada and 10 percent tariff on China, Trump has now threatened the European Union.

Tariff will be imposed soon

Trump said that we will impose tariffs on goods coming from the European Union "very soon". Donald Trump said that we will definitely impose new tariffs on the European Union. Trump said,

Trump has already threatened

• Trump has previously threatened to impose additional tariffs on the EU. As recently as Friday, he said he would do so soon.
• Trump said the European Union has treated us very badly.

US can only be harmed by trade war

Amid Trump's threats of a trade war, experts believe that this is likely to slow US growth and increase prices. On the other hand, the European Union has also said that it will respond strongly if the US President imposes tariffs. 

This pain will be a price worth paying...

• Trump said his tariffs on major trading partners could cause Americans to feel economic "pain" but said it would be a "price worth paying" to protect U.S. interests.
• Donald Trump had said that he would hold talks with the leaders of Canada and Mexico, after which he imposed a 25 percent tariff on both the countries.
• He also accused South Africa of land grabbing and "treating certain classes of people very badly" and announced he would cut off all future funding to the country pending an investigation.

Musk is talking about making the EU great

Trump's warning to the EU comes at a time when his close ally and the world's richest man, Elon Musk, has waded into European politics. Musk posted a retort to Trump's campaign slogan "Make America Great Again" on his social media platform X on Saturday, writing, "People of Europe: Join the mega movement! Make Europe great again!"