Donald Trump stated that the European Union must pay a high price for not purchasing enough American exports if he wins the upcoming election. Trump criticized the EU's trade practices, claiming they do not buy U.S. cars or farm products while selling millions of cars in the U.S. He proposed the Trump Reciprocal Trade Act, which includes a 10% tariff on imports from all nations and a 60% tariff on imports from China, potentially disrupting global supply chains and increasing costs.
Category
đź—ž
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump stated that the European Union must pay a high price for not purchasing enough
00:06American exports if he wins the upcoming election.
00:09Trump criticized the EU's trade practices, claiming they do not buy U.S. cars or farm
00:14products while selling millions of cars in the U.S.
00:17He proposed the Trump Reciprocal Trade Act, which includes a 10%
00:21tariff on imports from all nations and a 60% tariff on imports from China,
00:26potentially disrupting global supply chains and increasing costs.
00:30For all things money, visit Benzinga.com slash GSTV.