Trump ends his nice-guy routine on trade

By Gabby Morrongiello

Published May 31, 2018 6:37pm ET

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Trump ends his nice-guy routine on trade — President Donald Trump stands next to the podium after speaking about the U.S. role in the Paris climate change accord, Thursday, June 1, 2017, in the Rose Garden of the White House in Washington. | (Pablo Martinez Monsivais/AP)

President Trump is done playing nice with the European Union and other U.S. trading partners.

Almost two months to the day since Trump granted several key allies temporary exemptions from aluminum and steel tariffs, dodging a trade war that could have hurt the very people who put him in the White House, his administration announced Thursday that trade penalties of 25 and 10 percent would take effect at midnight against Canada, Mexico, and the EU.

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Tag:

China Donald Trump Europe Mexico NAFTA Steel Tariffs Trade