President Donald Trump said Friday that he is not looking to reach a tariff deal with the European Union, after he announced 50 percent duties on goods imported from the 27-nation bloc.
When speaking to reporters in the White House, Trump said, “I’m not looking for a deal” with the EU and that the 50 percent tariff is scheduled to go into effect on June 1, responding to a question on whether he anticipated an agreement to come with the EU before June 1.
“We’ve set the deal—it’s at 50 percent. But again, there is no tariff if they build their plant here,” Trump said, also saying that as of “right now, it’s going on June 1st.”...