News trade war

'EU trade policy is just as bad as China's'

4 July 2018 - Redactie Boerenbusiness

"The trade policy of the European Union (EU) may be as bad as that of China," US President Donald Trump said in an interview with Fox News. That reports Business Insider.

President Trump defended his decision to impose tariffs on US trading partners during the interview steel and aluminum to have it paid. He also made it clear why the EU has also been entrance fee has to pay, although the European countries had initially been granted a postponement. "The EU may be just as bad as China, only it's smaller," Trump said.

"It's terrible what they're doing to us. They send their Mercedes here, but we can't send our cars to them. They don't want to buy our agricultural products, because they protect their farmers. The Europeans had a trade surplus of $151 billion last year," continued the president† "And besides, we pay a fortune to NATO to protect them."

Trump loves Europe
"We all love the European countries very much," he said. "However, they treat us very badly. They have treated us very unfairly." The US president further noted that he personally has nothing against the EU. "I love the EU, I've been there many times. My parents were born in the EU." 

In fact, this is not correct, this is what the German magazine 'Der Spiegel' points out on its site. Trump's father Fred was born in New York in 1905. His mother Mary was born in Scotland in 1912. At that time, the European Union did not yet exist.

Read more on Business Insider:
Trump's trade war also fuels grumbling at home
Trump suddenly less friendly to Kim
Trump thinks threatening and intimidating yield 'deals'

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