Economics

Trump Makes Clear EU Won't Escape His Ire Over Trade for Long

  • President says EU ‘almost as bad as China, just smaller’
  • Rejects EU zero tariffs offer for cars as ‘not enough’
President Trump told Bloomberg News that the European Union offer to scrap tariffs on cars wasn’t good enough. (Source: Bloomberg)
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The EU’s Jean-Claude Juncker left Washington in late July with a Rose Garden truce -- a handshake trade agreement he had good reason to believe would spare the continent from President Donald Trump’s wrath.

It didn’t last.