Donald Trump Says Tariffs Will ‘Definitely Happen’ With European Union

(Bloomberg) -- US President Donald Trump said he will “definitely” place new tariffs on the European Union, reiterating complaints about the US trade deficit with the bloc and what he sees as insufficient EU imports of American cars and agricultural products.

Trump didn't specify a level or timeline. “I wouldn't say there's a timeline, but it's going to be pretty soon,” he told reporters.

Trump has threatened EU tariffs before, including as recently as Friday when he said he'd “absolutely” apply them. The EU in turn has said it would “respond firmly” if Trump imposes tariffs.

Trump stopped short of promising tariffs on the United Kingdom, saying the UK trade relationship had issues but “I think that one can be worked out.” Trump said he is “getting along very well” with Prime Minister Keir Starmer.

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