DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Trump threatens to ratchet up tariffs on EU if it fails to invest $600 billion in US

August 5, 2025
in News, Politics
Trump threatens to ratchet up tariffs on EU if it fails to invest $600 billion in US
495
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

President Trump warned that if the European Union fails to deliver on its commitment to invest $600 billion in the US, then he will ramp up tariffs against the 27-nation bloc.

Last month, Trump and the EU unveiled the sketches of a preliminary trade deal, featuring a 15% tariff on most imports from the trading bloc as well as commitments from Europe to invest $600 billion in the US and purchase $750 billion worth of American energy.

“Then they pay tariffs of 35%,” Trump told CNBC’s “Squawk Box” when asked about what would happen if the EU doesn’t pony up.

Donald Trump and Ursula von der Leyen shaking hands.
President Donald Trump shakes hands with European Commission President Ursula von der Leyen after agreeing on a trade deal between the two economies following their meeting, in Turnberry south west Scotland on July 27, 2025. AFP via Getty Images
Aerial view of cargo ships and containers in the port of Barcelona.
Shipping containers and cargo ships seen in the port of Barcelona one of the biggest sea ports of Europe. Davide Bonaldo/SOPA Images/Shutterstock
President Trump speaking with the US and EU flags in the background.
Last month, Trump and the EU unveiled the sketches of a preliminary trade deal. AFP via Getty Images

“They brought down their tariffs, so they paid $600 billion and because of that, I reduced their tariffs from 30% down to 15%,” the president explained. “They gave me $600 billion and that’s a gift. …They gave us $600 billion that we can invest in anything we want.”

Both the US and EU have provided sparse details about how the mechanics of the $600 billion investment commitment would work.

“The details are 600 billion to invest in anything I want. Anything. I can do, anything I want with it,” Trump reiterated when pressed again for more specifics.

“And the purpose was they’ve been ripping us for so many years that it’s time that they pay up, and they have to pay up.”

The post Trump threatens to ratchet up tariffs on EU if it fails to invest $600 billion in US appeared first on New York Post.

Tags: Donald TrumpEuropean UnionTariffs
Share198Tweet124Share
Julia Roberts Forced to Defend Her New #MeToo Movie
News

Julia Roberts Forced to Defend Her New #MeToo Movie

by The Daily Beast
August 29, 2025

Julia Roberts has been forced to defend her new film After the Hunt on Friday from claims it “undermines feminist ...

Read more
News

Judge Tosses D.C. Case From Trump Prosecutor—Calls It Total Garbage

August 29, 2025
Business

The Danger of Trump Seizing Private Companies

August 29, 2025
News

‘My Life With the Walter Boys’ Showrunner Melanie Halsall On Jackie Wanting To “Cement Her Life” In Silver Falls As The Love Triangle Continues In Season 2

August 29, 2025
News

Alabama town’s first Black mayor reelected after being locked out of office

August 29, 2025
No Schuman roundabout canopy without more money

No Schuman roundabout canopy without more money

August 29, 2025
Waymo CEO says the company will push back on law enforcement requests: ‘We need communities to be able to trust us’

Waymo CEO says the company will push back on law enforcement requests: ‘We need communities to be able to trust us’

August 29, 2025
Legionnaires’ Outbreak Traced to N.Y.C.-Owned Sites, Including Hospital

Legionnaires’ Outbreak Traced to N.Y.C.-Owned Sites, Including Hospital

August 29, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.