Trump calls the UK “out of line,” but he’s open to a deal, and he says EU tariffs will continue

Trump has criticized the UK as being “out of line,” stressed that EU tariffs will proceed, and stated that he is still amenable to a deal.

After imposing similar measures on Canada, Mexico, and China, Donald Trump has declared that the United States will slap tariffs on goods from the European Union.

Regarding trade relations, Trump said that the UK is “out of line,” although he did not rule out imposing taxes on its exports. He did, however, express a desire to find a solution, stating that the issue “can be worked out” with Prime Minister Sir Keir Starmer, whom he said had “been very nice.”

Beginning Tuesday, the United States will levy a 10% duty on Chinese imports and 25% duties on items from Canada and Mexico. Before the tariffs go into effect, Trump said he will meet with the presidents of Canada and Mexico on Monday.

In reaction, China has declared plans to enact “corresponding countermeasures” and prepares to sue the World Trade Organization, while Canada and Mexico are getting ready to slap retaliatory duties.

Global markets have already been impacted by Trump’s tariff measures. Since his weekend statements, Asian markets—the first to open—have seen a sharp decline, which reflects rising investor apprehension.