US President Trump with comments on a tough European Union, and a threat at the end!
This in the context of the US ratcheting trade restrictions on the EU a little tighter. And, if this is the sentiment of the US President, there will be more to come.
Earlier in the week we got:
The extra tariffs would hit:
- passenger helicopters
- cheeses
- wines
- motorcycles
- and more
US Treasury citing:
- European Union aircraft subsidies
- EU subsidies to Airbus SE have "repeatedly" caused "adverse effects to the United States"
Rising tensions will be a negative input for the beleaguered euro.