Trump Threatens to Tax European Cars If EU Imposes Tariffs

U.S. President Donald Trump (R) and President of the European Commission Jean-Claude Juncker chat prior to the morning working session on the second day of the G20 economic summit in Hamburg, Germany on July 8, 2017. Sean Gallup/Getty Images

President Donald Trump doubled down on his trade-war rhetoric on Saturday, March 3, and threatened to tax cars imported from the European Union if the EU moves to raise tariffs on American businesses.

“If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S.,” Trump wrote on Twitter on Saturday. “They make it impossible for our cars (and more) to sell there. Big trade imbalance!”