EU warns will 'react swiftly' to US trade war threat
The European Union has expressed constant readiness to counter US President Donald Trump’s threat to wage a trade war on the bloc. The 28-member bloc also stressed that trade must be fair, open and rule-based. This, after Trump slammed the bloc’s trade policies as very unfair. He has also criticized the EU for paying very little in tax for the products it exports to the US. Last week, Trump demanded tougher trade rules and signed into law 30 percent tariffs on imports. The US president has repeatedly blamed unfair trade deals and abusive practices for the massive trade deficit and the loss of high-paying factory jobs in his country. Watch Live: http://ift.tt/KkBTIJ YouTube: https://www.youtube.com/user/videosptv/ Twitter: http://twitter.com/PressTV LiveLeak: http://ift.tt/1jtHPtC Facebook: http://ift.tt/1ouGaqK Google+: http://ift.tt/1ouGcyS Instagram: http://ift.tt/1t9Zn7I Dailymotion: http://ift.tt/Mdq5Cj keep visiting our website for Press TV News,Latest News,News Today,News Headlines,Current News,Top News,News Update,International News,Latest World News,Breaking News Headlines,Latest News,Breaking News Today
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