Welcome to ZisNews!

Read your favorite news, except the excluded topics, by you. Register
No overlapping ads for registered users

Donald Trump vows retaliation against EU tariffs: 'Won't be abused any longer'

Posted on: Mar 12, 2025 22:08 IST | Posted by: Hindustantimes
Donald Trump vows retaliation against EU tariffs: 'Won't be abused any longer'

US chairperson Donald ruff vowed to respond to the European Union's (EU) retaliative tariffs on select American goods as he defended his determination to impose 25% tariffs on imported nerve and aluminium from all trading partners.

"We've been abused for a long time, and we will be abused no longer," Trump said during a meeting with Irish Prime Minister Micheal Martin.

The US president said that he will be willing to grant “very little flexibility” to trading partners once his tariffs are implemented. Pointing out again to the “massive” trade deficit, Trump said his tariff policies will “even that out.”

Trump also said his decision to provoke a tariff war with America's biggest trade partners will restore “fairness” even as major allies like the UK indicated that all options are on the table while responding to US tariffs.

Also read | UK keeps ‘all options ready’ in response to Trump's 25% steel, aluminium tariffs

The European Union will levy partial tariffs worth $28 billion on certain US products including steel and aluminium products, textiles, home appliances and agricultural goods. These retaliatory measures will be enforced starting April 1 and will be fully in place by April 13.

Canada, the largest foreign supplier of steel and aluminium to the US, responded with its countermeasures. Its additional retaliatory tariffs worth $20.7 billion will target steel and aluminium products, computers, sports equipment and water heaters.

Also read | Canada retaliates against Donald Trump, announces tariffs: 'Need to fight nonsense'

Trump defended his trade policy during a Business Roundtable on Tuesday saying they will make the companies invest in US factories.

Speaking to the CEOs, Trump said, “The higher it goes, the more likely it is they’re going to build. The biggest win is if they move into our country and produce jobs. That’s a bigger win than the tariffs themselves, but the tariffs are going to be throwing off a lot of money to this country.”

(With agency inputs)

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Login to Like (0) Login to Dislike (0)

Login to comment.

No comments yet.