Quotes
Tariffs have never been a good idea to resolve trade policy conflicts,
Chairman of the German Christian Democratic Union Friedrich Merz said, warning of backlash in the US as rising import costs would fuel inflation and hit American consumers directly Generalised tariff measures increase business costs, hurt workers and consumers. Tariffs create unnecessary economic disruptions and promote inflation. They are harmful to all parties,
The European Commission has previously stated ... according to the report The way tariffs work has groups that represent American businesses fearing cost increases that would have consumers paying the price,
the New York Times reported The EU would respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods. There is a lot at stake,
The European Union has treated us so terribly."
It will definitely happen with the European Union, I can tell you that, because they've really taken advantage of us and, you know, we have [an] over $300 billion deficit. ... I wouldn't say there's a timeline but it's going to be pretty soon."
Speaking to reporters, Trump said Obviously, that is going to leave the Irish economy a little exposed, as per the whole EU,
Ireland is at the centre of the European Union and any imposition of tariffs on the EU would create significant challenges,
It's hard to know what more we can do, but we're obviously open to any other suggestions that come our way,
Canada's ambassador to the United States Kirsten Hillman told ABC News on Sunday The USA has major deficits with Canada, Mexico, and China (and almost all countries!), owes 36 Trillion Dollars, and we're not going to be the 'Stupid Country' any longer,
Will there be some pain? Yes, maybe (and maybe not!)
Trump wrote Sunday morning in all-caps on his Truth Social media platform Therefore, Canada should become our Cherished 51st State,
he wrote on Truth Social, claiming THOSE DAYS ARE OVER!"
said Trump, who began his Sunday with a visit to one of his golf courses in Florida American consumers will feel the bite of higher costs for some goods."
On Friday, the right-leaning editorial board of the Wall Street Journal newspaper blasted Trump's tariffs in a piece titled "The Dumbest Trade War in History," saying The 'Tariff Lobby,' headed by the Globalist, and always wrong, Wall Street Journal, is working hard to justify... the decades long RIPOFF OF AMERICA, both with regard to TRADE, CRIME, AND POISONOUS DRUGS."
Trump clapped back on Sunday, saying One should not react to the first decisions with panic, but see them as the beginning of the negotiations and not as the end,
he was quoted as saying by Frankfurter Allgemeine Zeitung during a trip to the Persian Gulf on Sunday Our trade and investment relationship with the U.S. is the biggest in the world. There is a lot at stake,
a Commission spokesperson said on Sunday The tariff war is not good for anyone. … We have ideas and strategies to protect our companies with Italy being the best ambassador for the EU in the dialogue with Washington.”
Italian Foreign Minister Antonio Tajani opted for a cautious tone, writing on X Trade negotiations with Donald Trump must assume a form of power dynamic,
Ferracci told France Info on Sunday The EU must not bow to his bullying tactics.”
