The President of the United States, Donald Trump, has threatened to impose tariffs on the European Union if it formalises its partnership with Canada. According to information from expansion.com, Trump considers this alliance a 'hostile act'.
Donald Trump has made his stance clear against the possible partnership between the European Union and Canada, labelling it a 'hostile act'. At a rally in North Carolina, the US president warned that if the agreement materialises, he could impose 'very severe tariffs' or even cut trade relations with Europe.
Trump stated that 'if they do that, if I consider it a hostile act, I will impose very severe tariffs or stop trading with Europe in many respects'. This declaration comes in the context of rising trade tensions between the United States and its partners, where tariffs of 50% have already been applied to Canadian products.
Canadian Prime Minister Mark Carney has defended the need for medium-sized economies to unite against the use of economic integration as a pressure tool by major powers. In this regard, European Commission President Ursula von der Leyen has supported the initiative to partner with Canada at the highest possible level.
The proposal represents a significant advance in the trade relationship between Canada and the EU, which could provoke an escalation in the already existing trade war. The situation is tense and could affect global markets if Trump's threat materialises.
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